Bill Erbey, who was forced out by financial regulators two-plus years ago, controls 16.8 percent of Ocwen Financial...

Among the key announcements: the company is selling its PHH Home Loans joint venture to Guaranteed Rate; unloading its private label operations to LenderLive Network, and monetizing “certain” servicing assets.

Mark Filler, who founded Jordan and served as its CEO, was named president of Finance of America Commercial.

Agency MBS trading volumes peaked back in 2008 – the height of the financial crisis – at $344.9 billion daily.

In the nonconforming market, Citadel Servicing Corp., Irvine, CA, has just rolled out a new 12-month bank statement loan program…

Institutional investors tend to avoid any stocks that are priced below $5 a share. At press time, Walter’s stock was trading at $3.40.

Radian recently reported net earnings of $61.1 million for the fourth quarter…

Phoenix Capital is offering a private jumbo MSR portfolio sized at $216 million…

The Cato Institute is a conservative think tank and a quick read of Calabria’s blog makes it sound like he favors getting the government out of the MBS guaranty business...

The two GSEs were placed in conservatorship in September 2008 by Treasury and the Federal Housing Finance Agency. At the time, their common and junior preferred shares were considered worthless.