Although 114 servicing workers are losing their jobs in Nebraska, the lender/servicer will add as many servicing positions in the Dallas area over the next six months.

However, a separate lawsuit filed by Pershing Square Capital Management in the U.S. Court of Federal Claims is unaffected by Judge Lamberth’s ruling.

The handbook is designed to support FHA’s broader goals of expanding access to mortgage credit and making it easier for stakeholders to do business with the agency.

Investors have been scratching their heads over the downdraft at Walter/Green Tree...

To some, the MSR transfer prohibition slapped on Flagstar is similar to the one New York regulators placed on Ocwen Financial regarding the Wells Fargo deal.

The merger-hungry RPM Mortgage of California is the top contributor to the jumbo MBS with a 14.3 percent share.

Fitch does not single out any servicers by name, but it’s common knowledge that both Ocwen Financial and Nationstar Mortgage have thousands of servicing-related workers housed in India...

One active NPL bidder has been Lone Star Funds, but sources tell IMFnews the hedge fund has been having a “brain drain” of sorts when it comes to talent.

The Wells-Ocwen MSR deal is still waiting for Lawsky's green light. But when that will come is another matter...

Sources close to the matter noted that Ocwen is involved, but it’s not a trade group.