In an interview, Ocwen’s chief compliance officer said: "We are a fully-transformed company and very anxious to break away from some of the regulatory constraints..."

The media call with Barney Frank was sponsored by the Constitutional Accountability Center, which assisted scores of current and former Democrat members of Congress in filing an amicus brief in defense of the CFPB.

It appears the Trump White House is once again seriously considering Pam Patenaude to be the deputy HUD secretary...

The CFPB noted: “The bureau’s constitutionality has been challenged frequently, but has yet to be addressed by a court of appeals…”

The ultimate goal of the LRS is to reduce lenders’ liability risk and minimize overlays…

Pete Mills of MBA said the revised policy was intended to “take some of the economics out” of serial refinancing…

We've an opinion or two from mortgage lobbyists that Rep. Hensarling might be open to some type of government guaranty on MBS, but how he might agree to such an animal has yet to be revealed…

No reason was given by Walter Investment for the resignation.

The FHFA has been gathering feedback on front-end transactions and will take that into account when considering the structure of future CRTs…

Treasury Secretary Steven Mnuchin made it clear after being nominated that resolving the conservatorships of Fannie Mae and Freddie Mac would be a top priority for his department. And although Mnuchin will clearly be a player in the debate, the policy “ax” on the issue will be Craig Phillips, recently tapped to serve as counselor with an agenda that includes fixing the two government-sponsored enterprises. Most mortgage professionals have applauded President Trump’s pick of Mnuchin and now Phillips. Mnuchin was the former head of Goldman Sachs’ MBS department, and Phillips was a former managing director of Morgan Stanley’s fixed-income division. Phillips was...