The investigation by the New York Department of Financial Services of nonbank servicers including Nationstar Mortgage and Ocwen Financial has put a halt to servicing sales.

U.S. Bank's mortgage originations in the first quarter of 2014 declined by 71.2 percent compared with the first quarter of 2013.

Walter, through its affiliate Green Tree Loan Servicing, is a top 10 ranked servicer, according to figures compiled by Inside Mortgage Finance.

DBRS suggests it's likely that most of the U.S. population won't be able to qualify for a mortgage any time soon...

The FHFA and Chicago settled a legal battle that started in November 2011 regarding maintenance and fees for vacant properties.

Fitch said OneWest found a new buyer for 12,000 mortgages in 39 non-agency MBS that didn’t receive consents as part of the planned transfer to Ocwen.

During a recent webinar on MSR strategies, industry attorney Larry Platt of K&L Gates said he knows of “certain sales that have been held up for quite some time.” He noted: “You really can’t get a handle on what the cause of it is.”

The MBA said applications for purchase-mortgages with high loan balances have increased in recent months while applications for lower-balance mortgages has declined…

Bad news for Nationstar and Ocwen? S&P said downgrades on servicer-advance ABS are possible because the analysis that accompanied ratings on certain deals didn’t consider subordinated interest amounts as part of the ratable promise.

But Wells also offers up disappointing news on its mortgage gain-on-sale results. Its GOS fell to 161 basis points in the first quarter compared to 177 bps in 4Q and 256 bps in 1Q13.