MSRs
Latest Posts
Ocwen expects another loss in 2017 thanks to NYDFS, CFPB regulatory issues
Feb 22, 2017Despite the California Department of Business Oversight removing the state’s mortgage servicing restrictions on Ocwen Financial, the nonbank is still prohibited from acquiring mortgage servicing rights in bulk, thanks to the company’s previous settlement with the New York Department of Financial Services. And those restrictions and other “regulatory challenges” will likely lead to another yearly loss for the nonbank.
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Ocwen falls back into the red in Q4, but results are much better than last year
Feb 22, 2017 -
Ocwen reaches $223 million settlement with California over servicing violations
Feb 17, 2017 -
Here’s how and why CitiMortgage is leaving mortgage servicing
Jan 30, 2017 -
CitiMortgage exits mortgage servicing business
Jan 30, 2017 -
PHH selling off entire mortgage servicing rights portfolio
Dec 28, 2016 -
Walter Capital Opportunity Corp. selling $10 billion MSR portfolio to New Residential
Nov 16, 2016 -
More trouble for Walter Investment as nonbank posts third straight big loss
Nov 09, 2016 -
Ocwen returns to profitability for first time since Q2 2015
Oct 26, 2016 -
$3.2 billion Fannie Mae, Freddie Mac MSR portfolio hits the market
Sep 19, 2016 -
FHA makes it easier for struggling borrowers to keep their homes
Aug 25, 2016 -
$2.8 billion in Fannie Mae, Freddie Mac mortgage servicing rights up for sale
Aug 24, 2016
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