Deephaven CEO Matt Nichols is a former managing director at Goldman Sachs & Co.

On the news, Ocwen’s share price was up a stunning 37 percent on the day to $3.15.

At this pace, you can expect that by yearend New Rez will be the nation’s second largest servicer, at least in terms of ownership rights…

Stevens credited the Federal Housing Finance Agency with making “significant progress” in fixing the flaws of Fannie and Freddie...

The regulator cautioned that a large downpayment alone isn’t sufficient to prove a borrower’s ability to repay a non-QM that is based on the consumer’s assets.

While jumbo production fell on a sequential basis, many lenders saw a gain when compared to the same quarter a year earlier…

S&P said the revisions are intended to better reflect the evolution of the U.S. residential mortgage market over the past several years…

The transaction was mentioned during New Residential’s earnings call Monday morning and confirmed by a source...

Sources told IMFnews that the CFPB was seeking a settlement in the range of $50 million from the servicer...

Of the five states with the largest share of non-current mortgages, Mississippi ranked first with 9.70 percent…