The PSPA has been challenged in court by investors that are speculating in the common and preferred stock of the two GSEs.

Bank returns on mortgage activities turned sharply negative during the recession of 2007 through 2009 before rebounding and becoming consistently positive by early 2011.

Moody’s found that completed foreclosures for bank-serviced loans in Florida averaged 1,077 days or three years...

“We are hopeful this lawsuit will be resolved quickly so the fee waiver is granted, the data we seek is produced by HUD and the public is granted access to this important information,” the CRC said.

And keep in mind there are some Ocwen investors who are hoping that the company will be sold and the share price will spike.

On its largest MSR auction of the year, MountainView said the high bid came in at a multiple of 3.95-times the servicing fee.

One mortgage manager, requesting anonymity, said, “We are about to initiate a scorecard now.”

Ginnie Mae has expressed concern about the influx of nonbanks into its MBS program and their ability to remain as active participants.

Actual GSE sales volume for the top five was down 2.2 percent from the second quarter, but overall Fannie/Freddie business was down slightly more, 3.8 percent.

U.S. Mortgage Insurers is close to presenting proof of concept involving “deep cover” mortgage insurance to policymakers.