A new type of subprime lending may be emerging and Ocwen Financial hopes to be a trailblazer.

The Consumer Financial Protection Bureau, which inherited RESPA enforcement from HUD, has been leaning on this test in such enforcement actions of its own.

The HUD NPL auction features 5,000 delinquent single-family loans totaling $1 billion in unpaid principal balances with representations and warranties.

Impac Mortgage released a statement on the sale of a servicing affiliate, but was light on details, including the identity of the buyer.

Bill Dallas sees NewLeaf table funding a huge amount of mortgages through brokers next year.

In other subprime news, industry veteran Jon Daurio was recently in New York talking to potential investors about his new nonbank venture, Nikkael Capital Corp.

What's the outlook for making mortgages collateralized by homes located in federal flood plains? Answer: Not so good.

The top reasons for FHA condo denials include financial instability, pending litigation, insufficient insurance coverage and outdated or missing documentation.

Several large bulk MSR deals are pending, but can they get done before year-end?

“Eminent domain may be a local matter, but in the context of seizing mortgages, its use would have national consequences,” the four senators write in their letter to Treasury Secretary Jack Lew.