“The government presumably feels emboldened from the decisions that it’s been getting, and we anticipate that those will continue in the near future,” one mortgage buyback expert said.

As IMFnews went to press, no other details were available on the transaction, including the identity of the seller or whether the product is “newly originated” or “legacy” in nature.

According to figures compiled by Inside Mortgage Finance, Freedom grew second quarter originations by almost 49 percent, the best sequential gain for any top 10 ranked lender.

Wells Fargo, the nation’s largest servicer, has assigned an 80 basis point value to its residential MSR portfolio, but the nation’s number-two servicer, JPMorgan Chase, has its MSRs booked at 106 bps…

The CSP, formally known as Common Securitization Solutions LLC, does not have a chief executive office or chairman.

The privately held Quicken grew its Fannie/Freddie MBS volume by 18.5 percent from June.

Is Ocwen Financial's accounting adjustment much ado about nothing or a potential regulatory headache?

FBR lowered earnings projections for Walter Investment, citing “increased regulatory uncertainty."

The IG also found that a Fannie Mae remediation plan does not hold servicers fully accountable for the resulting losses.

But almost 48 percent of senior loan officers said approval rates for prime jumbo borrowers were lower...