“The industry seems to be cut out of some of the development of the securitization platform,” said Rep. Scott Garrett, R-NJ...

In other words, the bureau is asserting the primacy of its regulatory authority over the legality of certain private contracts.

It’s unclear what exactly will be addressed in these new standards, though capital requirements for nonbank servicers is said to be a key part of it.

According to the IMA offering circular, the seller is a “Southwest, independent mortgage banking entity with strong financials and a highly experienced senior management team.”

The FHFA is still evaluating input regarding g-fees and but Watt has no idea if they will be reduced, increased or kept at their current levels.

"Contrary to the fable told by the left, the root cause of the financial crisis was not deregulation but dumb regulation," said House Financial Services Committee chairman Jeb Hensarling, R-TX.

Final testing and training for IOPP began this winter, with deployment expected “in early 2015,” Ginnie Mae said.

Ocwen denied that there is any basis for a default under the trust agreements...

FHA told lenders that if a new case number is replacing an old one, the old case cancellation must have been completed before the system will allow for a new one.

Thanks to its settlement with California regulators, Ocwen's share price is on the rise. But for how long?