The outage of Ellie Mae's Encompass systems at the end of the first quarter appears to be due to a malfunction on Ellie Mae's end, not a malicious attack.

Walter, through its affiliate Green Tree Loan Servicing, is a top 10 ranked servicer, according to figures compiled by Inside Mortgage Finance.

DBRS suggests it's likely that most of the U.S. population won't be able to qualify for a mortgage any time soon...

Mortgage-related complaints to the CFPB as of the first quarter of 2014 were down significantly compared with the previous year, though they increased compared with the fourth quarter of 2013.

The FHFA and Chicago settled a legal battle that started in November 2011 regarding maintenance and fees for vacant properties.

Citi continued the trend of big banks reporting sharp declines in their mortgage originations, driven by a lack of refinance business.

The National Association of Realtors also urged the FHA to use its “granted discretion” to adjust loan limits for areas that have experienced significant declines.

Fitch said OneWest found a new buyer for 12,000 mortgages in 39 non-agency MBS that didn’t receive consents as part of the planned transfer to Ocwen.

During a recent webinar on MSR strategies, industry attorney Larry Platt of K&L Gates said he knows of “certain sales that have been held up for quite some time.” He noted: “You really can’t get a handle on what the cause of it is.”

The MBA said applications for purchase-mortgages with high loan balances have increased in recent months while applications for lower-balance mortgages has declined…