For the past five years, the IBM-owned Seterus has been Fannie Mae’s “go-to” guy when it came to default management servicing, especially in regard to short sales, but the company’s future looks cloudy as problem loans run off the government-sponsored enterprise’s books. At the end of 2014, Seterus serviced roughly $27 billion of residential loans, according to data compiled by Inside Mortgage Finance. At one time, sources say, the company serviced at least ...

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]

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...

Another possible outcome on g-fees is no change at all. To date, FHFA Director Mel Watt hasn’t tipped his hand.

Meanwhile, HLSS on Wednesday disclosed that it too needs more time to file its annual 10-K...

Talk about optimism: Roughly 71 percent of firms surveyed said they expect purchase-mortgage demand to rise.

Ocwen Financial is turning into an MSR selling machine!

Subprime lender Deephaven Mortgage has a new executive...

Walter Investment also was looking at the Ocwen receivables, sources said.