In late January, Steven Sugarman, who built the bank into a well-regarded regional lender, resigned as CEO.

California mortgages account for the large chunk of collateral at 41.2 percent. Texas is a distant second at 10.4 percent.

Bradd Gold of Au Consulting LLC noted that in the year prior to their federal takeover, Fannie and Freddie sold $10 billion of GSE junior preferred.

Once the GSEs turned it around and showed a whiff of profit the speculators pounced and bought the shares on the cheap...

Nationstar said it expects to board $144 billion of additional contracts in 2017, $111 billion of which is subservicing for New Residential Investment Corp.

Officials at New Rez are set to meet with the FHFA to discuss servicing issues, including MSR financing…

Nexera founder and CEO Steve Abreu – a former GMAC executive – said there’s a great deal of interest from PE firms in the “disruptor” segment…

At Dec. 31, New Residential valued its mortgage servicing portfolio at $659 million...

No details were available on why Dave Hurt parted ways with CoreLogic...

Over the past two years, PHH has lost $347 million, much of it caused by a private-label origination model that has fallen on hard times and rapidly declining interest rates…