Although Ocwen Financial Corp. eked out a $2.6 million net profit for the first quarter – after years of reporting red ink – investors in the company will continue to wonder if the firm’s best days are behind it. In the nonbank’s new 10-Q filing with the Securities and Exchange Commission, the servicing giant summed up its situation best: “An investment in our common stock involves significant risk.” Still, Ocwen soldiers on, striking settlement agreements with regulators, buying another ...

Arch maintained its large market share lead in insurance-in-force, while Radian ranked first in terms of new insurance written…

New CEO George Mangiaracina said the nonbank’s servicing portfolio is serving as a counter-cyclical balance to declining originations…

As of the end of March, Capital One handled a $25.78 billion servicing portfolio, making the firm the 49th largest servicer, according to Inside Mortgage Finance.

PHH CEO Robert Crowl: "Our team is fully committed to executing our business plans and meeting the closing requirements for our merger with Ocwen."

Fortress also controls roughly 500,000 shares of New Residential's common stock and holds options on 18.1 million shares.

Redwood is set to issue its largest expanded-credit MBS ever: A $520.48 million security backed by…

One consultant said he’s conducted 14 warehouse reviews on lenders this year with 11 of them turning a profit and three losing money.

The average credit score for FHA loans in Ginnie MBS issued during the first quarter was 671.1, the lowest level since the agency began reporting loan-level data…

PennyMac entered the broker channel in January and took in $7 million worth of product during the first quarter…