Ocwen blames the anticipated loss on lower revenue and higher operating expenses.

According to figures compiled by Inside Mortgage Finance, Ocwen may have a long way to go in meeting its production dreams...

Fannie Mae had a slight increase in HARP activity and accounted for 59.3 percent of the total for the two GSEs...

In 2Q, the GSEs earned $8.8 billion combined. Multiply that by four (quarters) and then three (years) and you get $105.6 billion.

Two companies – Wells Fargo and Bank of America – accounted for virtually all of the decline in bank MSR holdings during the second quarter.

Recently, Home Point added a large retail lending team from Great Plains Bank and Newman promised that “we have another large retail team scheduled to come on in the next several weeks.”

"Mr. Cooper" seems like an odd name for a mortgage company to trademark, but you never know...

Irony or good business?: Ocwen's mortgage customers are located in the U.S., but the back office staff processing their loans are mostly overseas.

Charles Schwab Bank was the biggest investor in consumer ABS with $12.49 billion at the midway point in the year.

With MBS issuance volume falling sharply in August, the mortgage industry may have another profit-related concern on its hands: gain-on-sale margins are coming under pressure. For now, no one is panicking, but until the recent rate drop – courtesy of China devaluing its currency – loan volumes were beginning to slow, especially for refinancings, although there’s plenty of hope that the purchase business will stay robust through the remainder of the fall. As one jumbo securitization official told Inside MBS & ABS: “Gain-on-sale margins have been...