Ocwen also did not disclose what it paid to acquire the nonperforming loans or who the buyer was.

Aquiline is headed by Jeffrey Wayne Greenberg, son of former AIG chairman Maurice “Hank” Greenberg.

Bank and thrift MSR holdings peaked at $5.977 trillion back at the end of 2009.

Roughly 86 percent of the mortgages were correspondent originations.

Moreover, CMLA wants lower guaranty fees for seller/servicers...

But who is the mystery lender that Impac is talking to?

Nationstar, Ocwen, Select Portfolio Servicing and Wells Fargo all need moderate improvement in their HAMP performance.

The City of San Francisco has delayed a proposed partnership with Richmond, CA, to use eminent-domain authority to forcibly acquire distressed mortgages out of non-agency securitization trusts, opting instead to study the impact of such an agreement as well as other alternatives to assist underwater homeowners. Opposition by the San Francisco City Controller and the mortgage banking industry has forced John Avalos, a member of the city’s Board of Supervisors, to scale back his partnership proposal. Avalos laid out...

What do Fannie and Freddie really think of nonbanks? Read their SEC filings.

Transfer of mortgage servicing rights, especially from banks to nonbanks, has been widely discussed over the past few years, but Fannie Mae and Freddie Mac aren’t saying how much is changing hands. One investment banking official who sells MSR for a living said he believes that through the first nine months of 2014, about $350 billion in agency receivables changed hands, but has no solid evidence to back it up. In fact, several servicing advisors contacted by Inside The GSEs declined to take a stab at making an estimate. According to Inside Mortgage Trends, an affiliated newsletter, commercial banks and thrifts have reduced the unpaid principal balance of home loans they service for other investors by $357.6 billion in the ...