Ocwen Financial – once deemed the fastest-growing residential servicer in the nation – is now facing huge shrinkage and is undergoing what some analysts and investment bankers are now calling a managed or “controlled” liquidation. The questions facing investors and business partners of the company is how fast can Ocwen shrink and what will be left for shareholders other than a pile of cash. “This could be...

Although Walter Investment Management lost a ton of dough in 2014, it sees brighter days ahead...

However, the broker channel generated $117 billion of new originations, the lowest reading since 1995.

CMG Mortgage is the top contributor to the jumbo MBS with a 14.3 percent share, followed by EverBank Financial (8.3 percent) and Bridgeview Bancorp (5.7 percent).

In recent years, Redwood has focused on jumbo mortgages but the REIT is now placing a greater emphasis on conforming loans.

Fed chief Janet Yellen also signaled a continuation of the status quo for interest rates...

KBRA said its loss model is highly sensitive to the increased probability of default associated with mortgages that have high combined LTV ratios.

The only thing bothering most warehouse managers is how long the good times can last.

In case you’re wondering, Ocwen services roughly $208 billion of non-agency product.

The sale and transfer must first be approved by Freddie and its regulator, the Federal Housing Finance Agency.