"There was a deal, but it went by the boards," said one source close to the servicer.

Home Loan Servicing Solutions, which is slated for sale to New Residential Investment Corp., said it has received notice from the NASDAQ that it is no longer in compliance with the exchange's listing requirements, which means it could eventually be removed from the trading board.

In a letter sent Sunday to trustees of the MBS, Ocwen tried to rebut claims made in January by BlackRock, PIMCO, Metropolitan Life and others...

Urban Institute's Karan Kaul noted that some banks have opted to keep mortgages that are eligible for sale to the GSEs.

Ocwen actually received the highest marks possible across its performance review for 4Q, but Treasury said the servicer’s “moderate” improvement rating was due to a lack of progress in implementing previously identified improvements.

The mortgage servicing market grew for 226 consecutive quarters from March 1951 (when the Fed started quarterly calculations) to the first quarter of 2008, when it peaked at $11.321 trillion.

For the past year, Nationstar Mortgage has been working toward offering a non-QM refinance product.

But an overall reduction in servicing rights will come as it continues to shed "default servicing," which the bank has quite a bit of.

Interactive Mortgage Advisors is working on several servicing transactions totaling about $20 billion in product. But the receivables are being offered through private negotiation only...

Although much of the discussion about nonbank servicing standards has focused on capital, the CSBS framework will cover considerably more ground than that.