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.

Stonegate Mortgage last week posted a meager second quarter profit of $300,000.

Mortgage trustees are still awaiting state court approval of a $4.5 billion settlement with JPMorgan Chase in relation to faulty residential MBS issued by the bank and the now-defunct Bear Stearns between 2005 and 2008. If approved by the New York State Supreme Court, the agreement would resolve representation and warranty claims as well as servicing claims related to loans in 330 mortgage securitization trusts, as well as claims over document delivery. In addition, the bank agreed to change its servicing procedures with respect to mortgage loans in the trusts. The proposed settlement does not resolve...

With origination volumes sucking wind this year, plenty of mortgage companies are pondering whether now is the time to sell, but so far few deals of any size have been consummated. That may change in the coming months. On the buy-side, a dozen or so potential acquirers have emerged, including such growth-minded nonbanks as Prospect Mortgage, RPM Mortgage – both of which are based in California – and possibly AmeriSave Mortgage of Atlanta. Also, Willie Newman, the former CEO of Cole Taylor Mortgage, has teamed up...