FIG Partners will now buy or sell performing and non-performing residential mortgages and much more.

PennyMac Commercial will focus on mortgages of under $10 million.

The latest entry into the Ocwen legal sweepstakes is Lifshitz & Miller, Garden City, NY, whose specialties include class action lawsuits.

Wells Fargo and JPMorgan Chase increased their first-lien holdings compared to 3Q 2013 while Bank of America and Citigroup experienced a decline.

The new jumbo MBS from Five Oaks includes representations and warranties that do not sunset.

We continue to hear reports about a new player in the warehouse lending space that is offering attractive borrowing rates that appear too good to be true.

Industry observers believe underwriting standards on mortgages in jumbo MBS will continue to loosen, which might weaken investor confidence.

Associates of Erbey told IMFnews that he knew several weeks ago that he would be stepping down from the company and viewed himself as a sacrificial lamb of sorts…

But Erbey's resignation may not be enough for analysts and investors who have seen the value of Ocwen’s stock plummet the past year.

PHH Mortgage was the top-ranked IO lender, with $9.51 billion in such originations through three quarters in 2014.