Increases in home prices have outpaced growth in income for first-time homebuyers, according to an analysis by Zillow.

The Nonprofit Alliance of Consumer Advocates focuses on helping borrowers that have mortgages owned by a servicer subject to the $25 billion national servicing settlement.

Credit Insurance Risk Transfer 2015-2 covers an $8.1 billion pool of mortgages with a maximum coverage of approximately $202.5 million provided by re-insurers.

The newly-originated adjustable-rate mortgages have a weighted-average coupon of 7.387 percent and an average credit score of 688, according to Bank of America Merrill Lynch.

The rate of borrowers 60 days or more delinquent on their mortgages fell to 2.72 percent in the second quarter of 2015, according to TransUnion.

Historically, the turn time for the Income Verification Express Service program has been around two business days or less. Not anymore.

Overall, delinquencies remained below levels seen a year ago...

Ocwen faces the potential loss of non-agency MBS servicing on two fronts but so far investors are not pulling the trigger...

Meanwhile, Ocwen has been shifting as many of its servicing workers overseas as possible...