Celebrity Financial has several M&A irons in the fire...

In Washington mortgage servicers must now maintain recorded telephone conversations with consumers for three years after the date of the call…

Bright has been mentioned in housing and mortgage circles as a possible successor to FHFA Director Mel Watt.

“Zillow could have done this on a much larger scale. Heck, they could’ve bought Ditech,” said industry consultant Paul Hindman.

The state of Washington recently tightened its rules for mortgage servicers, another indicator that state regulators may pick up the slack from a perceived pullback by federal regulators regarding mortgage servicing. The Washington Department of Financial Institutions earlier this month amended its regulations under the Consumer Loan Act, requiring servicers to inform the DFI if the company’s capital falls below levels required by Fannie Mae or Freddie Mac, or if their ...

Thanks to higher interest rates and rock-solid valuations, the market for securities backed by mortgage servicing rights is beginning to heat up, with at least two deals hitting the market this month – one from PennyMac, the other from AmeriHome Mortgage.

There are fewer structural protections in today’s speculative-grade securities backed by subprime auto loans compared to below-investment grade issuances in the 1990s, according to an S&P Global analysis of the subprime auto loan ABS sector.

Meanwhile, the Mortgage Bankers Association this week reported a substantial decline in its seasonally adjusted mortgage delinquency data series.

It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…

Secondary market trading for home-equity loans has increased across most market segments, thanks to greater available supply driven by higher prices, according to a new report from MountainView Financial Solutions, a Denver-based provider of financial services analytics and advisory services.