Meanwhile, investors are beginning to focus on some of the contractual language in the sale agreement between New Residential Investment Corp., and Home Loan Servicing Solutions...

We understand from one very good source that a top 30-ranked lender has been quietly trimming staff of late….

New Residential will pay roughly $18.25 a share for HLSS, valuing the deal at $1.3 billion.

The sale and transfer must first be approved by Freddie and its regulator, the Federal Housing Finance Agency.

Ocwen, which is in the process of liquidating its massive agency MSR holdings, is a subservicer to HLSS.

In case you’re wondering, Ocwen services roughly $208 billion of non-agency product.

Warehouse commitments written by commercial banks reached approximately $33 billion at yearend, according to figures compiled by Inside Mortgage Finance – one of the healthiest readings in several quarters and a sign that all is well in the originations market. The only thing bothering most warehouse managers is how long the good times can last. “There is...[Includes one data chart]

Ocwen’s massive servicing portfolio (roughly $377 billion in UPB) is worth more than the entire market capitalization rate of the company...

Ocwen’s share price has almost doubled! How’s that? Well...

With rates low on current production, prices are strong for “flow” transactions.