Servicing

The meteoric rise and collapse of specialty servicer Wingspan Portfolio Advisors is a stark reminder of what can happen when companies don't adequately respond to shifting business cycles, like the ongoing rise in interest rates and home prices.

Ocwen has reserved $12.5 million to put toward a potential settlement with the Consumer Financial Protection Bureau.

CoreLogic has released a new platform that provides information on lien and equity positions for whole loan traders and servicers.

Small investors, not first-time homebuyers, are driving home prices to unaffordable highs, according to a new report from Attom Data Solutions and Clear Capital.

Profits at Mill Valley, Calif.-based Redwood Trust shrank during the fourth quarter, reflecting lower interest income and net losses on the fair value of investments.

Mortgage industry hiring and new job appointments for the week ending Feb. 24.

The Consumer Financial Protection Bureau's arbitration rule will likely be overturned by Congress if the agency moves ahead with finalizing it.

The monthly prepayment rate declined in January, an indication of the effects of higher interest rates.

Although issuance of residential mortgage-backed securities remains down from a year ago, the number of nontraditional deals is continuing to grow, according to Moody's Investors Service.

MetaSource has acquired Dallas-based mortgage document firm Orion Financial Group in an effort to expand upon its lien release offerings.