Ocwen had an average of 7,484 employees in the third quarter of 2016, down 12.3 percent from 3Q15...

The Internal Revenue Service has decided to hold off on making changes to its Secure Access Program, which governs the process by which federal tax transcripts are provided to the mortgage industry, after industry trade groups objected. The changes, part of an effort by the agency to better protect taxpayer data as well as IRS systems from attacks by cybercriminals, had been scheduled to kick in at the start of this week. “To ensure a smooth transition, the IRS has decided...

There has yet to be a “large” mortgage M&A deal announced this year other than the pending sale of EverBank to TIAA.

The ICBA noted that community banks have invested heavily in complying with the disclosure rules, but the complexity of the requirements has made it inevitable that some will be found non-compliant.

The higher purchase-money estimate – released at the MBA annual in Boston – is predicated on stronger household formations coupled with employment growth and rising wages.

Wedbush's Henry Coffey notes that PHH is “facing a number of challenges,” including a struggle to restore profitability…

Pairing real estate agents with loan brokers? RESPA attorneys start your engines...

At Flagstar, refinances accounted for 57.6 percent of originations compared to 54.2 percent in the second quarter.

But there is one caveat: The VA sector is one business from which banks are not yet running away from…

“Agency MBS prepayment speeds slowed in September, but they still hover near the multi-year highs reached last month,” according to a report from Keefe, Bruyette & Woods.