For short sellers, Ocwen Financial is the gift that keeps on giving.

“I only saw about 5 percent of my buyers face-to-face last year,” said one Texas-based loan officer.

S&P believes the gap in execution between whole-loan sales and securitization has started to narrow.

However, the VA loan program does not require a downpayment, which is a major attraction for some borrowers.

Since early September, at least 14 mortgage company acquisitions have been announced publicly, according to a database of deals compiled by Inside Mortgage Trends.

The proposed inter-agency rule covers only flood-insurance premium escrows and detached structures.

There was one piece of good news: Freddie Mac managed to boost its share of the GSE market up to 40.6 percent for all of 2014.

The U.S. non-agency MBS space is looking more inviting these days, even though progress is painfully slow and there remains plenty of room for improvement, analysts at Fitch Ratings have concluded in a report out this week. The Fitch analysts said that the underwriting of residential mortgages has improved dramatically since the financial crisis, with recent vintages demonstrating the best performance on record so far. “New legislation has completely eliminated...

Fannie Mae – and perhaps, Freddie Mac – over the past few years have been quietly extending servicing advances to a handful of large nonbank specialty servicers, but it now appears that market might be shifting to Wall Street. Late last month, Green Tree Servicing signed a $1.2 billion servicing advance facility with Barclays Bank, a 12-fold increase from a previous agreement the nonbank had. Barclays is...

The national director of retail sales at a top-20 ranked lender is out in the cold. Details to follow...