Company executive Doug Reilly, commenting on the mortgage M&A market, had this to say: “It seems we need to take 20 girls to the alter just to marry one”…

Investors at private equity firms told IMFnews that they believe Lawsky is using the DFS as a “bully pulpit,” paving the way for a possible run for public office.

The InterLinc executive said there’s a great deal of interest from potential acquisition targets, but he cautions that, “Not everyone wants to make the move.”

Some mortgage technology consultants, speaking on-background, are prophesizing that the investment will lead to Google moving into the realty market and becoming a direct competitor to traditional Realtors.

In addition to its advisor role, Steadfast will purchase a participation in each MSR loan made by Customers Bank.

Add default servicing to the list of things JPM's Jamie Dimon doesn't like about the mortgage industry.

Ocwen’s subprime receivables were purchased in the secondary market from other firms trying to exit the space.

In an interview with IMFnews, Habib confirmed his resignation, but declined to say anything further about the company’s future.

In an earnings call this week, company founder and Executive Chairman Bill Erbey offered no further insight as to when the sale will be approved.

What does the seller of the MSRs think about what's going on with the DFS? A spokesman for the nation's largest lender and servicer told IMFnews: "Wells Fargo has not been a party to any discussions with the New York Department of Financial Services regarding Ocwen."