Altisource recently eliminated 800 employee positions and hundreds of contractors.

At press time, the yield on the 10-year Treasury was at 1.80 percent, the lowest level since May 2013.

Stan Kurland, PennyMac’s chairman and CEO, said the FHLB application for PMT Insurance has been on hold since it was submitted.

One servicing advisor raised an interesting scenario Tuesday: Maybe Bill Erbey will swoop in and buy all of Ocwen’s shares and take the whole thing private.

The Council of Federal Home Loan Banks said the FHFA has shown “no compelling need” for the proposed changes to membership standards.

The two top banks increased their HEL holdings from midyear, and industry analysts expect home-equity lending to continue to increase in 2015.

Patrick Flanagan, Cove’s CEO, was once the president of New Century Mortgage, a now-defunct subprime giant

S&P believes the gap in execution between whole-loan sales and securitization has started to narrow.

The average credit score on the 10th percentile of purchase mortgages increased from 555 in 2000 to 655 at the end of the third quarter of 2014.

Moody’s noted that 88.1 percent of the mortgages slated for securitization have been modified.