The latest entry into the Ocwen legal sweepstakes is Lifshitz & Miller, Garden City, NY, whose specialties include class action lawsuits.

PennyMac Commercial will focus on mortgages of under $10 million.

However, originations aren’t expected to spike in 2015 due to a number of factors, including tight underwriting standards.

We continue to hear reports about a new player in the warehouse lending space that is offering attractive borrowing rates that appear too good to be true.

The new jumbo MBS from Five Oaks includes representations and warranties that do not sunset.

Radian, said Ibraham, expects to be fully compliant with the PMIER rules and the sale of RAA will help the company “accelerate our ability to do so.”

Wells Fargo and JPMorgan Chase increased their first-lien holdings compared to 3Q 2013 while Bank of America and Citigroup experienced a decline.

It’s anticipated that in the coming year nonbanks will continue to steal production market share away from depositories.

Associates of Erbey told IMFnews that he knew several weeks ago that he would be stepping down from the company and viewed himself as a sacrificial lamb of sorts…

Redfin noted that fewer homes sold in under two weeks this year.