Five Oaks will retain all the subordinate classes, the servicing rights and the IOs.

The agency mortgage servicing market grew modestly during the first quarter of 2015, thanks to Ginnie Mae and Freddie Mac, according to a new Inside Mortgage Finance analysis of agency mortgage-backed securities disclosures. Lenders serviced a total of $5.287 trillion of single-family mortgages pooled in outstanding agency MBS as of the end of March, up 0.1 percent from the fourth quarter of 2014. The figures do not include unsecuritized loans guaranteed by the two government-sponsored enterprises or, in the case of Ginnie, FHA-insured reverse mortgages. And the numbers don’t perfectly synch up with aggregated reports by the agencies of their guaranteed mortgage debt outstanding. All three of the top agency MBS servicers had...[Includes two data charts]

Green Tree Servicing agreed to pay $63 million to settle allegations made by two federal agencies regarding its servicing practices. The settlement includes $48 million in consumer redress and a $15 million civil money penalty. Green Tree did not admit or deny the allegations. The Consumer Financial Protection Bureau and the Federal Trade Commission said...

The top contributor to the new Credit Suisse jumbo deal is New Penn, which is controlled by MBS co-inventor Lew Ranieri.

Qualified buyers have until June 2 to bid on the Miami-based loans.

Some 97 lenders contributed to the pending security from Redwood, led by PrimeLending with a 9.0 percent share.

On IMA’s other deal, the brokerage firm is offering $100 million per month of Fannie Mae/Freddie Mac “flow” product.

Is Blackstone's purchase of a mortgage lender a "one-off" deal or will other Street firms follow suit?

It's always possible that Green Tree could turn around and sue HUD before HUD sues them, which is what Quicken Loans did.

Earlier this year Cherry Hill agreed to buy Aurora Financial Group and its $700 million servicing portfolio for $4 million. Included in the purchase was Aurora’s agency approvals.