Republicans also will try to subject the CFPB’s budget to the congressional appropriations process.

Ocwen officials said the sale of agency receivables has the potential to free-up more than $1.7 billion of capital for the company.

Meanwhile, stock analysts who were once bullish on Ocwen are now taking out their knives, downgrading or slamming the once high-flying company.

Associates of Erbey told IMFnews that he knew several weeks ago that he would be stepping down from the company and viewed himself as a sacrificial lamb of sorts…

But Erbey's resignation may not be enough for analysts and investors who have seen the value of Ocwen’s stock plummet the past year.

The nascent single family rental industry is at a crossroads in terms of future growth and long-term staying power...

One analyst, Farukh Farooqi of Marquis Research, told IMFnews that Ocwen’s board should consider dumping CEO Ron Faris. “I mean where does the buck stop?” Farooqi said.

Skyline said it raised $18 million in equity and debt from Ellington along with Upfront Ventures and Dallas Capital Management.

Lawsky didn't name names, but the servicer he singled-out shares a number of characteristics with Ocwen Financial.

The increase in the number of mortgage loan originators with state licenses was attributed to increased access to warehouse credit and less exposure to regulation than big banks.