However, Hensarling is adamant that the plug be pulled on Fannie Mae and Freddie Mac...

Wells Fargo reported a huge drop in mortgage banking income, but the rest of the top five banks all posted increased earnings from their operations…

But news of the settlements wasn’t doing much for their stock prices. Both were down slightly on the day.

We understand that a fairly large bulk portfolio of mortgage servicing rights might be hitting the auction block soon...

The MSR-saving amendment fixing the tax language was offered by Sen. Mike Rounds, R-SD...

Lobbyists and others tracking the effort told this newsletter that those who’ve been shown the legislative language have taken a non-disclosure vow…

Nine senators said they would work to invalidate any new rules issued by the CFPB if Leandra English prevails in her attempts to unseat and replace the bureau’s acting director, Mick Mulvaney...

Ocwen Asset Servicing Income Series 2014-1 was secured by MSR related to $11.80 billion of mortgages serviced for Freddie Mac.

The Federal Communications Commission is seeking feedback on a petition filed by the Federal Housing Finance Agency regarding the ability of mortgage servicers to contact borrowers in natural disaster areas.The FHFA petition is in reference to stipulations based on the Telephone Consumer Protection Act. With three major hurricanes this fall, the FHFA said there’s a need for mortgage servicers to quickly contact borrowers whether by voice or automated messages. The agency filed the petition in hopes of getting a speedy response to two requests. The Fannie Mae and Freddie Mac regulator wants the FCC to declare that borrowers who are affected by disasters are considered to have given their consent to receive calls from their mortgage servicers.

Some servicers in recent years have tapped the securitization market to help finance the purchase of mortgage servicing rights. Structures for deals from three nonbanks have varied significantly, ac-cording to an analysis by Moody’s Investors Service.