Fitch said the downgrade was tied to Green Tree’s “aggressive portfolio growth,” noting that the nonbank grew its MSR portfolio by almost three-fold over the past two years.

In a letter sent Sunday to trustees of the MBS, Ocwen tried to rebut claims made in January by BlackRock, PIMCO, Metropolitan Life and others...

Urban Institute's Karan Kaul noted that some banks have opted to keep mortgages that are eligible for sale to the GSEs.

Ocwen actually received the highest marks possible across its performance review for 4Q, but Treasury said the servicer’s “moderate” improvement rating was due to a lack of progress in implementing previously identified improvements.

For the past year, Nationstar Mortgage has been working toward offering a non-QM refinance product.

"I prefer Ocwen over any other servicer to the extent they continue the same practices," said investor John Devaney, CEO of United Capital Markets.

A ban on captive insurers joining the FHLB system appears to be over.

“We don’t recommend that you hire a mortgage broker” for rate shopping purposes, says Consumer Reports magazine...

Bank demand for MBS has increased due to new accounting requirements and a decline in total residential loan production in recent years.