You might say that investor (and former Wall Streeter) John Devaney is bullish on Ocwen Financial...

In fact, 2014 was the first year since 2006 that purchase mortgages accounted for more than half of total residential originations.

Over the past year, RPM has been in the hunt to buy other mortgage companies, investment banking sources told IMFnews.

According to Moody’s rating scale of long-term corporate obligations, obligations rated Caa are judged to be of “poor standing” and are subject to “very high" credit risk...

Some lenders have predicted delays ranging from a few days to more than a month.

Meanwhile, the pipeline of issuer applications has dropped dramatically at Ginnie Mae...

Over the past year speculators have placed some heavy bets against certain publicly traded mortgage companies by shorting their stocks, a “trade” that could be petering out as investors take their money off the table. According to investors and analysts who track companies such as Nationstar Mortgage, Ocwen Financial and Walter Investment Management, the share price of all three has fallen so dramatically that the days of easy profits are over. Ocwen, for example, presently trades...[Includes one data table]

Notice of the final order on PHH sent the nonbank’s share price tumbling four percent at one point. Regulators say the MI kickback scheme started as early as 1995.

If Fannie Mae and Freddie Mac were privatized, they would likely have to increase their capital from current levels and face increased borrowing costs.

The average closing time for a VA mortgage was 41 days, a reading taken in as of March of this year. A year ago it was 39 days.