In response to its anxiety, the Inspector General plans a series of audits that will study the risks posed by an increasing volume of nonbank loan sales.

Among those nonbanks not losing too much sleep over the FHFA proposal is Nationstar Mortgage.

First Guaranty Mortgage Corp., Frederick, MD, originated $940 million of home mortgages in the first quarter, a 48 percent jump from the same period a year earlier.

The seller of the MSRs was identified as a “subsidiary of a publicly traded company established in 1995.”

According to the website ShortSqueeze.com, almost 30.2 million shares of Ocwen are presently being shorted by speculators or 46.48 percent of the float...

Existence of the probe was mentioned in the same paragraph about the NY SEC investigating Ocwen’s business dealings with affiliate companies such as Altisource...

Upwards of $500 billion of mortgage servicing rights could change hands this year. But maybe that estimate is too low...

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.

Jay Bray, Nationstar’s current CEO, will assume the role of president effective June 1.

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