Although a press statement on the transaction notes the number of shares and price range has yet to be determined, the S-1 filed with the SEC says the maximum offering size is $100 million.

There was a huge push for FHA autonomy by former Commissioner Nicolas Retsinas during the Clinton years, but it went nowhere.

The regulatory language — years in the making and prompted by the growing market share of nonbank servicers — addresses capital, liquidity, stress testing and risk management among other things.

Among those filing missives: the American Land Title Association, Mortgage Bankers Association, National Association of Realtors, and the Structured Finance Association.

Even though the mediation effort has ended, Ocwen is still bidding on servicing portfolios...

The idea of settlement services packaging is not new...

Industry watchers said implementing changes to the qualified-mortgage rule could be one of the biggest sticking points.

On the rural housing front, Freddie expects to increase its SFI purchase target from 3,600 to 3,900 loans in 2020 to as much as 4,800 units this year...

Late last week, Black Knight released its measurement: 2.83 million mortgages in COVID-related relief for the seven-day period ending Dec. 29. The FHA/VA (GNMA) reading increased by 11,000 units.

The nonbank lender/servicer filed its initial IPO documents in early October and was reportedly set to price the offering later that month.