In a new 10-Q filing with the SEC, Ocwen disclosed roughly 40 “risk factors,” including “uncertainty” tied to litigation, cease and desist orders, investigations brought by government agencies and more…

The $569.11 million MBS will be the third deal of the year from Verus with a dollar volume greater than $500 million.

The Lenders One co-op is controlled by industry vendor Altisource Portfolio Solutions, which is pondering a sale. Altisource is publicly traded and started out in life as part of Ocwen…

Discussing Ocwen's $89.7 million loss in 2Q19, CEO Glen Messina said, “I continue to be pleased with the results of our integration, cost re-engineering, MSR sourcing, and lending growth efforts. Despite a more challenging market and business environment to achieve MSR portfolio growth, we remain committed to strengthening the company and returning to profitability..."

In the second quarter, Wells Fargo suffered a 2.0% sequential decline in its MSR portfolio while JPM's receivables dropped 1.4%...

IMA says the seller wants to establish a working relationship with the buyer to subservice the mortgages.

Fannie/Freddie "noncore" loans include conforming jumbos, mortgages with debt-to-income ratios greater than 43%, investor loans/second properties and cash-out refinances...

Large nonbanks the likes of UWM, Quicken and loanDepot are hiring but overall, the mortgage employment figures for June were not particularly strong...

In 2016, J.G. Wentworth Co. was delisted from the New York Stock Exchange. At the time, its shares traded for 40 cents apiece compared a 52-week high of $10.41. 

PennyMac remained the largest nonbank servicer of agency loans with $325.12 billion on its books at the end of June…