There was some good news from Ocwen: the company earned $44.2 million from servicing sales...

Of the 21,100 complaints submitted by consumers in the region, 27 percent have been related to mortgages.

Although the FHFA received more than 1,300 comments on proposed changes to its membership rules, it has yet to issue a final regulation.

In addition to alternative credit scoring models and low downpayment products, panelists suggested more public/private partnerships are needed to create affordable housing communities.

The privately held Guild Mortgage, San Diego, said it funded $10.7 billion in home mortgages through the first nine months of 2015...

As the head of the NAIHP, Savitt has been a frequent critic of the Consumer Financial Protection Bureau...

In other GSE news, the Senate version of legislation to cap CEO salaries at Fannie and Freddie is moving along and a vote could happen this week…

Fannie Mae and Freddie Mac rolled into their eighth year of government conservatorship pushing forward the two major reforms they can accomplish under their existing charters: selling off a significant portion of the credit risk on their current business and building a new MBS platform. Top officials from the two government-sponsored enterprises urged the industry to be patient about the launch of the common securitization platform and, a little further down the road, the single security for GSE to-be-announced MBS. “It will happen...

When the CFPB assumed RESPA enforcement from HUD in July 2011, it pledged to apply its predecessor’s official commentary, guidance and policy statements until further notice, the brief argues.

The CSP joint venture is staffed and “no longer living like poor cousins” at the GSEs themselves.