The M&A rumor mill continues to spit out names. An offering book is circulating on CashCall and at least one other shop, IMF has learned.

Thanks to rising interest rates, the book value of mortgage servicing rights increased in the first quarter. Could more sales be on the way?

The Consumer Financial Protection Bureau has issued two new compliance guides but is warning that they are not substitutes for the underlying rules.

Community banks are getting slapped with a "low activity" fee from Freddie Mac and the ICBA is not happy.

When interest rates rise, so do the value of mortgage servicing rights.

In a new filing with the SEC, Walter Investment said it discovered that its new reverse subsidiary had failed to record certain servicing errors.

Will cash-out refinancings ever return? Meanwhile, a new petition posted on the White House website that might helps GSE shareholders is taking off.

At least 170 non-agency MBS serviced by Ocwen Financial took combined losses of more than $1.0 billion in May due to accounting for principal forbearance that occurred before July 2012. The reporting issue allowed mezzanine bonds to continue receiving interest payments, and industry participants are concerned that the accounting could be an issue on other non-agency MBS. Moody’s Investors Service said the newly realized losses relate to loss mitigation by Homeward Residential. Ocwen acquired Homeward at the end of 2012. The servicing transfer prompted a disclosure by Ocwen to Wells Fargo, the trustee on the deals previously serviced by Homeward, in the May remittance reports on the deals. Wells said...

Thanks to rising home values and lower delinquencies, investors are gobbling up subprime MBS, causing prices to rise.

The Obama administration has mounted a public relations push, including a recent White House social media buzz, pushing for the HARP 3.0 program.