The subordinated debt deal will double the capital base of Skyline Lending.

Nationstar, Ocwen, Select Portfolio Servicing and Wells Fargo all need moderate improvement in their HAMP performance.

New Penn also reorganized its origination channels, consolidating wholesale and correspondent, while adding a mini-correspondent business line.

But there's one little wrinkle: the GSEs cannot pass the cost of funding the HTF onto lenders…

The Conference of State Bank Supervisors is working on capital requirements for nonbank servicers, a story first reported by Inside Mortgage Finance last month.

Sen, Menedez added: “These [programs] were not the drivers of the financial crisis. We’re going to hear the opposite of that in the next session of Congress.”

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

Many of those winning bidders are hedge funds with Wall Street backing, including Lone Star Funds and Bayview Asset Management.

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

However, NAR found that the willingness to actually originate non-QMs declined significantly across a number of different product types...