Several hard money lenders are involved in financing flippers, charging interest rates that are several percentage points above the going Fannie Mae/Freddie Mac rate.

More trouble for Ocwen: the corporate jet has been yanked!

Ocwen announced the sale of the $45 billion early this spring, but never identified the buyer.

In a recent 10-K filing Ocwen disclosed that on April 30, 2015 it announced agreements with the GSEs to sell portfolios of non-performing loan servicing rights.

Last fall, Ocwen tried to sell its Ginnie Mae servicing rights, but recently disclosed that it will keep the receivables instead...

In late March, IMA noted that it was working on several deals totaling just over $20 billion, but all were being negotiated privately...

Interactive Mortgage Advisors, MIAC and The Prestwick Group are working on deals as well.

It was clear from a panel discussion at the Urban Institute this week that MSRs have grown in importance as a form of collateral...

One advisor reminded us that in the world mortgage M&A many potential deals go south...

Two Harbors is developing a network of lenders that will sell MSR assets to the company on a flow basis.