Mortgage-banking income at nine major banks declined by 27.7 percent in the first quarter of 2014 compared with the previous quarter, according to an analysis by Inside Mortgage Trends.

The total past-due rate on mortgages has declined in almost every quarter since the second quarter of 2011, helped by increasing home prices. However, not all vintages are performing in-step, as delinquencies are starting to increase on loans originated in 2004 and before.

Ocwen's Bill Erbey sees the positive in recent scrutiny of nonbank servicers.

While mostly associated with investors, a fair share of current homeowners rely on cash for home purchases as a way to avoid the hassles associated with mortgage closings.

The FHA's mortgage insurance premiums could be set to decline at the end of FY 2015.

The MBA and others want documentation from HUD detailing the recent reduction to FHA loan limits in certain high-cost areas.

Market fundamentals appear to have blunted the expected impact of Homeowner Bill of Rights laws enacted by three states in 2013.

The investigation by the New York Department of Financial Services of nonbank servicers including Nationstar Mortgage and Ocwen Financial has put a halt to servicing sales.

BofA's mortgage-related settlements led to a loss for the lender in the first quarter of 2014.

U.S. Bank's mortgage originations in the first quarter of 2014 declined by 71.2 percent compared with the first quarter of 2013.