With Ocwen about to unload a massive amount of servicing rights will the company still need to have such a large back-office operation in India?

Fannie, Freddie and Ginnie produced $85.18 billion of new single-family MBS during the month of January.

Michael Stegman, a counselor to the Treasury on housing finance policy, said the exercise aims to solve the “chicken-and-egg” issue that some see as holding back non-agency MBS activity.

Meanwhile, a separate survey conducted by Inside Mortgage Finance found 17 percent of respondents holding the belief that the premium cut will have little effect...

To bring the ABS to market the credit enhancement on the transaction is a hefty 23.50 percent.

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...

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.

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…”