In response to its anxiety, the Inspector General plans a series of audits that will study the risks posed by an increasing volume of nonbank loan sales.

Among those nonbanks not losing too much sleep over the FHFA proposal is Nationstar Mortgage.

First Guaranty Mortgage Corp., Frederick, MD, originated $940 million of home mortgages in the first quarter, a 48 percent jump from the same period a year earlier.

Under existing New York law, mortgage companies aren’t required to maintain vacant properties until they receive a judgment of foreclosure...

The seller of the MSRs was identified as a “subsidiary of a publicly traded company established in 1995.”

According to the website ShortSqueeze.com, almost 30.2 million shares of Ocwen are presently being shorted by speculators or 46.48 percent of the float...

According to exclusive figures compiled by Inside Nonconforming Markets, roughly $320.0 billion in subprime mortgages were outstanding at March 31, 2015.

“This should be terrific for our company,” said Michael Nierenberg, New Residential’s president and CEO, during a recent conference call with investors. “We expect sustainable earnings as a result of our long-term deal pipeline.”

Existence of the probe was mentioned in the same paragraph about the NY SEC investigating Ocwen’s business dealings with affiliate companies such as Altisource...

Among other actions, Ocwen entered into an agreement in April to receive up to $125.0 million of backup financing for new loan originations...