During 3Q, New Residential agreed to buy $3 billion of “flow” servicing rights from an unnamed seller.

CRT deals may be popular with legislators since they “de-risk” Fannie and Freddie, but over the long haul the transactions reduce profits for the GSEs, or so critics have charged…

The CFPB plans to develop and maintain technology solutions for coordinating supervisory information...

But what about Watt? His term as director of the Federal Housing Finance Agency ends in early 2019...

FHA Commissioner Nominee Brian Montgomery: “To be clear, fraud and misrepresentation have no place in any industry … but I wonder if we haven’t gone too far.”

One dealmaker, requesting anonymity, added: “Why not just sell servicing on eBay? There are reasons the market for servicing is wired as it is.”

Currently, the bureau does not permit title insurance companies to disclose available discounts…

Ocwen very well could be sold through an “asset” sale, observers told Inside Mortgage Finance…

Some history: When GMAC imploded earlier in the decade, some of its GSE servicing rights were sold to Ocwen. Ocwen eventually sold those contracts to Nationstar.

CoreLogic also will provide fair-market list prices to HUD…