Democrats unsuccessfully pushed amendments that would try to keep President Trump, anyone in his administration or any of his businesses from benefitting from any provision in H.R. 10.

Can the financially troubled and regulator-challenged Ocwen Financial survive? It’s not an unfair question given its most recent travails and this week’s news that it struck a $425.0 million transaction “in principle” to sell some of the cash flows on $117 billion in mostly non-agency servicing rights to New Residential Investment Corp. As the weekend approached, analysts that follow the company were speculating that Ocwen is going through what looks like a controlled liquidation, selling off assets – mostly the cash flow stream on its servicing portfolio – and buying time while it fights regulatory sanctions in 31 states. The company is...

Ocwen’s management noted there is no guaranty the deal with New Residential will actually close.

Perhaps the new Treasury secretary finally looked at the numbers, realizing that Fannie and Freddie – wards of the government since September 2008 – forked over roughly $20 billion to Uncle Sam…

Some analysts believe the Supreme Court’s ruling will result in the filing of new claims, but the Buckley Sandler law firm sees it differently...

Deephaven CEO Matt Nichols is a former managing director at Goldman Sachs & Co.

If Mr. Cooper was the first choice, what were the others?

The transaction was mentioned during New Residential’s earnings call Monday morning and confirmed by a source...

While jumbo production fell on a sequential basis, many lenders saw a gain when compared to the same quarter a year earlier…

S&P said the revisions are intended to better reflect the evolution of the U.S. residential mortgage market over the past several years…