Fed chief Janet Yellen also signaled a continuation of the status quo for interest rates...

Meanwhile, investors are beginning to focus on some of the contractual language in the sale agreement between New Residential Investment Corp., and Home Loan Servicing Solutions...

We understand from one very good source that a top 30-ranked lender has been quietly trimming staff of late….

New Residential will pay roughly $18.25 a share for HLSS, valuing the deal at $1.3 billion.

Wells Fargo remained the most dominant lender in the sector with $42.28 billion of jumbo originations in 2014, down 2.5 percent from the year before.

Total points and fees may not exceed 3 percent of the total loan amount for loans of $100,000 or more.

Nearly $1.0 billion in non-agency MBS was included in the rating action by Fitch.

The sale and transfer must first be approved by Freddie and its regulator, the Federal Housing Finance Agency.

Ocwen, which is in the process of liquidating its massive agency MSR holdings, is a subservicer to HLSS.

In case you’re wondering, Ocwen services roughly $208 billion of non-agency product.