The FHFA IG seems to be singling out one nonbank megaservicer in particular. But the Inspector General isn't naming names...

There has been plenty of talk about mortgage M&A, and now it appears that deals are finally happening.

Will a coming boom in the production of non-qualified mortgages help residential lenders survive the origination slump?

Treasury Secretary Jacob Lew acknowledged that HAMP hasn’t been as successful as the Obama administration would have liked.

To participate in the MSR market, institutional investors must partner with licensed and compliant servicers.

The downfall of Community Home is intriguing: the servicer closed its Jackson office and had customers send payments to Las Vegas. From there, payments were sent to a location in Costa Rica, according to AP.

In case you haven’t noticed, many mortgage stocks are trading much closer to their 52-week lows than their highs.

Over the past few months, at least $407 million of re-performing residential mortgages have been auctioned off in the secondary market, according to a recent tally from Mountain View Capital Group, Denver. As for how many of these loans will wind up in an MBS, that’s a different matter. DBRS has rated what it calls 15 “seasoned” loan programs since 2009, only four of which it considers to be re-performing. But according to DBRS Managing Director of Structured Finance Quincy Tang, “There’s certainly no shortage of re-performing collateral in the market.” In other words, despite the improvement in the housing market, there are...

The bloodletting in Bank of America's servicing division continued this month with the megabank giving pink slips to hundreds of workers.

We continue to hear plenty of talk about mortgage mergers and acquisitions with deal announcements likely to come between early July and late August.