In its 8-K filing with the SEC, Ocwen revealed that during 2014, state regulators commenced 46 examinations “of one or more of our areas of operation…”

Two Harbors is a member of the FHLB system via a captive insurance affiliate. The Federal Housing Finance Agency is contemplating snuffing out this avenue of membership...

At yearend, PMFS serviced $106.0 billion of mortgages, ranking 15th nationwide, according to a new market analysis from Inside Mortgage Finance.

Two Harbors, a REIT, has been aggregating, on average, $300 million of jumbo mortgages per month.

Pingora Asset Management is trying to raise $500 million of additional capital to buy mortgage servicing rights from eager sellers. If successful, it will bring the young company’s investment in residential receivables up to $1 billion. According to new figures compiled by Inside Mortgage Finance, Pingora owned $25.38 billion of Fannie Mae/Freddie Mac residential servicing rights at yearend, ranking 24th among all servicers. Three years ago, it didn’t even exist. Company founder and Chief Executive Michael Lau was said...

FHFA chief Mel Watt noted: “In Treasury’s view, it’s a legislative decision” to change the terms of the bailout agreement.

G-fees range from 50 to 55 basis points. Prior to the housing bust, some seller/servicers had g-fee payments as low as 12 basis points.

The Mortgage Choice Act was passed by the GOP-held House in June, but failed to move through the Democrat-controlled Senate.

Ruth Lee, executive vice president of TCS, expects a big year in the scratch-and-dent market, thanks to the GSEs.

Prospect Mortgage is the top contributor with a 9.1 percent share, followed by Ditech Mortgage (8.6 percent) and Skyline Financial (7.1 percent). All three are nonbanks.