In 10 cases, the servicing process was delayed by more than two years...

Investors Unite: “Lamberth’s ruling does not mean reimbursement checks are on the way…”

One criticism of Hensarling is that his conservative ideals prevented him from shaping a consensus bill to reform Fannie Mae and Freddie Mac...

Banks valued these servicing rights at $46.4 billion, $5.6 billion more than in March…

During his tenure at Ocwen, Ziengenfuse was in charge of managing the company’s “strategy” with Fannie Mae, Freddie Mac and Ginnie Mae receivables, the SEC said.

If Ocwen reenters the servicing market as a buyer it will be doing so at a time when MSR prices are the highest they’ve been all decade...

Ditech’s most coveted asset is its $181.4 billion mortgage servicing portfolio...

Commercial banks and savings institutions valued their mortgage-servicing rights at historically high levels at the end of the second quarter, even as industry leaders continued to pull back from the sector. A new Inside Mortgage Trends analysis of call-report data reveals that the industry serviced $3.563 trillion of single-family mortgages for other investors, usually loans held in mortgage-backed securities trusts. The industry total servicing for others was down ... [Includes one data chart]

The Money Source hopes to double its volume of subservicing contracts to almost $8.0 billion by yearend, capitalizing on what it feels is an underserved market: Smaller clients that don’t receive hands-on service from the giants of the industry, namely Cenlar and Dovenmuehle. At least that’s the view from TMS President Ali Vafai, who says there’s a huge “void” of subservicers that can effectively handle high-touch product, especially Ginnie Mae receivables. “The problem is that some Ginnie subservicers ...

The bank retreat from agency MBS servicing is mostly taking place at the top…