The seller of the MSRs was identified as a “subsidiary of a publicly traded company established in 1995.”

Under existing New York law, mortgage companies aren’t required to maintain vacant properties until they receive a judgment of foreclosure...

Quicken once again ranked first among all FHA lenders, funding $2.46 billion during 1Q, more than double the volume of its closest competitor, Wells Fargo.

The CFPB also disputed the notion that the Aug. 1 effective date comes at a bad time on the closing calendar...

Several hard money lenders are involved in financing flippers, charging interest rates that are several percentage points above the going Fannie Mae/Freddie Mac rate.

Upwards of $500 billion of mortgage servicing rights could change hands this year. But maybe that estimate is too low...

Among other actions, Ocwen entered into an agreement in April to receive up to $125.0 million of backup financing for new loan originations...

Existence of the probe was mentioned in the same paragraph about the NY SEC investigating Ocwen’s business dealings with affiliate companies such as Altisource...

According to exclusive figures compiled by Inside Nonconforming Markets, roughly $320.0 billion in subprime mortgages were outstanding at March 31, 2015.

“This should be terrific for our company,” said Michael Nierenberg, New Residential’s president and CEO, during a recent conference call with investors. “We expect sustainable earnings as a result of our long-term deal pipeline.”