Mortgage delinquencies increased slightly in the second quarter of 2014 compared with the previous quarter, according to the Inside Mortgage Finance Large Servicer Delinquency Index. However, delinquency rates adjusted for seasonal factors showed a decline from the first three months of the year, and the unadjusted rate was down from a year. The total delinquency rate for 23 large servicers, with no seasonal adjustment, hit 6.59 percent at the end of the second quarter, up from 6.52 percent the previous quarter but down from 7.33 percent in the second quarter of 2013. “We have returned...[Includes one data chart]

As IMFnews went to press, no other details were available on the transaction, including the identity of the seller or whether the product is “newly originated” or “legacy” in nature.

According to figures compiled by Inside Mortgage Finance, Freedom grew second quarter originations by almost 49 percent, the best sequential gain for any top 10 ranked lender.

Is Ocwen Financial's accounting adjustment much ado about nothing or a potential regulatory headache?

FBR lowered earnings projections for Walter Investment, citing “increased regulatory uncertainty."

The IG also found that a Fannie Mae remediation plan does not hold servicers fully accountable for the resulting losses.

A top producing office in Arizona for one mid-sized lender is making it widely known that it would like to move the entire staff to another firm...

A diverse group of 31 lenders tracked by Inside Mortgage Trends reported a combined $4.13 billion in mortgage banking income during the second quarter, up 32.7 percent from the first three months of 2014.

At June 30, Walter/Green Tree serviced $235.2 billion in mortgages, almost flat compared to March 31.

One of the largest packages currently out for bid is a $1.2 billion Fannie Mae/Ginnie Mae portfolio from Interactive Mortgage Advisors.