The FHFA, so far, has declined to provide a budget figure to the general public.

Ocwen’s plan to sell roughly $182 billion of agency servicing rights may have gone up in smoke this week after it was revealed that the California Department of Business Oversight could pull its mortgage licenses in the state. One servicing advisor, requesting anonymity, said the nonbank’s latest run-in with regulators “effectively put an illiquid label on all of their servicing rights.” Another advisor suggested...

One servicing advisor raised an interesting scenario Tuesday: Maybe Bill Erbey will swoop in and buy all of Ocwen’s shares and take the whole thing private.

Meanwhile, new revelations about regulatory problems in California are likely to make Ocwen’s disposal of servicing rights problematic.

Since early September, at least 14 mortgage company acquisitions have been announced publicly, according to a database of deals compiled by Inside Mortgage Trends.

The national director of retail sales at a top-20 ranked lender is out in the cold. Details to follow...

Standards for qualified-residential mortgages along with risk-retention requirements for certain non-agency mortgage-backed securities take effect Dec. 24, 2015. The final rule establishing the implementation date was published in the Federal Register at the end of December 2014. Federal regulators first detailed...[Includes two briefs]

In 2013, CashCall sold roughly $10 billion of residential servicing rights – a sale that may have been forced by Fannie Mae, sources told IMF.

A spokesman for Impac said the purchase price will be disclosed “when the final docs are filed.”

A spokesman for the company told IMFnews that the company does not discuss specific meetings it has with regulators...