The suit was filed by Rodney Harrell, a Virginia homeowner, who obtained a residential mortgage from NYCB Mortgage. The right to service Harrell’s loan was transferred to Freedom, which in June 2017 bought some of NYCB’s MSR portfolio.

Big changes coming to the FHA condo market? Look for a big announcement on Wednesday...

PennyMac Financial Services, the nation's seventh largest residential servicer, had much better results on its hedges…

There’s also a lag time involved. A deal might be signed and completed but the MSR portfolios might not actually transfer to the new owner for several months.

Francois Grunenwald, Ocwen's new SVP and CAO, is a graduate of the University of Paris. His signing bonus (just for taking the job) is $100,000. He joins the nation’s 12^th largest servicer from PricewaterhouseCoopers…

New Rez’s investment bankers on the preferred stock offering include Bank of America, JPMorgan, KBR and others…

Not only does the Mt. Laurel, NJ-based company rank seventh among originators, it’s also the 11th largest servicer.

Roughly four years ago, Ocwen Financial employed 10,500 workers worldwide. The firm's headcount is down dramatically since then...

At June 30, the REIT owned $441 billion of MSRs, a 9.7% increase from March 31. The figure exclude excess servicing rights.