In its fundraising pitch for its lawsuit against the CFPB, the NAIHP states that, “Neither Congress nor the executive branch holds any authority to curb CFPB’s behavior. Only the courts can stop them.”

Bill King joined Carrington 18 months ago, but recently departed the firm, which is owned by a hedge fund.

Is the mortgage servicing sales market beginning to slow? Not in the least. Nationstar and Walter are active buyers.

A new type of subprime lending may be emerging and Ocwen Financial hopes to be a trailblazer.

The HUD NPL auction features 5,000 delinquent single-family loans totaling $1 billion in unpaid principal balances with representations and warranties.

Impac Mortgage released a statement on the sale of a servicing affiliate, but was light on details, including the identity of the buyer.

Bill Dallas sees NewLeaf table funding a huge amount of mortgages through brokers next year.

In other subprime news, industry veteran Jon Daurio was recently in New York talking to potential investors about his new nonbank venture, Nikkael Capital Corp.

What's the outlook for making mortgages collateralized by homes located in federal flood plains? Answer: Not so good.

Several large bulk MSR deals are pending, but can they get done before year-end?