The case is notable because it involves the purchase and sale of mortgage loan participations between private investment vehicles.

The Ocwen filing notes that Messina was paid $240,000 per month in order to preserve his availability...

"Now having been in the mortgage industry for over 30 years, HUD’s mortgagee letter is perhaps one of the most egregious and ill-advised actions that I have seen taken by a government agency in many years," said Anne Canfield, a partner at Michael Best Strategies.

A new OMB memo requires all federal agencies, even independent ones, to submit proposed rule changes to the White House for approval.

The CFPB OIG found that the supervisory team, multiple times, scheduled examinations at institutions it had no authority over.

The Ditech financial hole just got bigger...

In recent years, the share of VA loans in Ginnie MBS pools has grown significantly...

It's been nearly a year and the CFPB still hasn't acted on what to do about the complaint database...

But when to end the dividend payments? June, September? Opinions differ.

Calabria: “There is much work to do. Markets change and advance. So must we.”