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Home » Topics » Inside Mortgage Finance » Servicing

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Mortgage Servicing is ‘Trending’ as 1-4 Family Debt Outstanding Increases for Second Consecutive Quarter

March 19, 2015
The supply of home mortgage debt outstanding grew for the second consecutive quarter during the final three months of 2014, eking out a slim 0.1 percent gain from the end of September. The Federal Reserve late last week reported that $9.862 trillion of 1-4 family mortgage debt was outstanding at the end of last year. It may not sound like much, but it marked the first time since ... [Includes one data chart]
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Short Takes: Cooperman and Omega Throwing in the Towel on Altisource / ASPS Hits New, 52-Week Low / WinWater’s New Jumbo Deal / Lower Originations? / The Best MSRs Go First

March 19, 2015
Brandon Ivey and Paul Muolo

The Beginning of a Trend? Banks Finally Beef Up MSR Holdings (Slightly)

March 18, 2015
John Bancroft
With JPMorgan Chase slated to buy $45 billion worth of Fannie Mae rights from nonbank Ocwen Financial the shift in MSRs over to banks likely will continue...
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FHFA IG Says GSE Profit Revival Won’t Last; G-Fee Doubts?

March 18, 2015
Paul Muolo
Another possible outcome on g-fees is no change at all. To date, FHFA Director Mel Watt hasn’t tipped his hand.
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Ocwen Delays 4Q Results Once Again, Raises Questions About Its MSR Spin-Off, HLSS

March 18, 2015
Paul Muolo
Meanwhile, HLSS on Wednesday disclosed that it too needs more time to file its annual 10-K...
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Lenders More Optimistic on Profits, Mortgage Demand

March 18, 2015
Carisa Chappell
Talk about optimism: Roughly 71 percent of firms surveyed said they expect purchase-mortgage demand to rise.
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Ocwen Inks Yet Another MSR Sale: $9.6 Billion of Freddie Product to Walter

March 18, 2015
Paul Muolo
Ocwen Financial is turning into an MSR selling machine!
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Short Takes: Nonprime Lender Deephaven Gains a Top Executive / A Harbinger of LLPA Changes? / An Easing of Credit Standards? / Where Are Impac’s Earnings? VRM Hires Former Fannie Official

March 18, 2015
Carisa Chappell and Paul Muolo
Subprime lender Deephaven Mortgage has a new executive...
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Sources: JPMorgan the Buyer of Ocwen’s $45B Fannie MSR Portfolio

March 17, 2015
Paul Muolo
Walter Investment also was looking at the Ocwen receivables, sources said.
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CoreLogic: Negative Home Equity on the Rise Again, but Only Sequentially

March 17, 2015
Carisa Chappell
Nevada was the leader in underwater homes with 24.2 percent of mortgaged properties in a negative equity position.
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