Headquartered in Lake Zurich, IL, Dovenmuehle did not return media inquiries on the matter.

Total Ginnie assets stood at $60.2 billion as of the end of September, up from $39.5 billion a year earlier. And liabilities increased from $9.7 billion to $29.4 billion.

Loan applications declined even as interest rates came down further.

The CFPB is in the process of revising its mortgage servicing standards under Regulation X, and expects to float a proposed rule in March.

Fannie Mae expects a slow pace of recovery from previously recessionary levels of housing activity.

Among residential loan processors, Mr. Cooper ranks sixth in terms of MSR ownership with $528 billion...

Ginnie continued to set the pace as its single-family servicing grew by 2.4% in the third quarter.

The Financial Stability Oversight Council pointed to systemic issues if nonbank servicers fail.

S. 3502, the Homebuyers Privacy Protection Act, received prompt support from a number of industry trade groups.

The sector is shrinking thanks, in part, to the origination downturn and meager gains in mortgage debt outstanding.