The largest civil money penalty imposed by the board was $604,000 as part of a settlement with Ocwen Loan Servicing...

On a loan count basis, Michigan represents the largest chunk of the portfolio at 37.1 percent.

Moody’s believes servicing acquisitions by Ocwen will be limited by franchise uncertainty, capital constraints and a highly competitive market…

On Impac’s wish list: buy others, grow servicing and make more non-QM loans…

Average DTI ratios on prime non-agency MBS range from 30.0 percent to 33.0 percent in any given quarter.

A reason to go digital? According to one study, the mortgage market consumes almost 2.2 billion sheets of paper annually, which is equivalent to more than 260,000 trees...

While the market for nonprime MBS was relatively strong during the first quarter, Moody’s said some investors have shied away from the sector.

John Getchis, senior vice president at Ginnie Mae, said he does not think the churning trend will continue…

Nationstar is handling the servicing chores on most of the loans, with Ocwen Financial taking a 2.60 percent share.

But there was some good news: BofA reported $4.05 billion of second lien production in the first quarter, a 13.7 percent improvement from the prior period.