But is DocMagic president and CEO Dominic Iannitti done buying? Stay tuned…

One source told IMF that in some instances, certain nonbanks have been asked by the agencies to hold “more capital” in reserve accounts than other seller/servicers.

CalCap is about to enter the Phoenix market and is considering other western states as well.

The $227 million portfolio is top heavy with California product which accounts for roughly 62 percent of the receivables.

Ocwen Financial, whose stock has been clobbered this year, recently increased the base salary of its chief financial by $50,000...

Freddie’s program, which is called “Home Possible Advantage,” requires a minimum credit score of 660 for purchase loans, and 680 for "no cash-out" refis. This is only for manually underwritten loans.

According to the offering circular, the package has no delinquencies and a coupon of 3.70 percent.

Industry advisor Joe Garrett said in a client note he knows of a lender that had its pre-approval letter scrutinized by the CFPB.

Is there anything wrong with conducting a mortgage sale? Of course not, but by giving up profits...

The original CO established an on-site compliance monitor at Ocwen, one of the nation’s largest servicers of delinquent loans.