Secondary

Ocwen Financial's settlement with New York regulators could have a negative impact on the cash flows of mortgage bonds heavily exposed to loans serviced by Ocwen in that state, according to Moody's Investors Service.

Residential mortgage-backed securities servicers do not report losses from principal forbearance loan modifications consistently from servicer to servicer, a new Fitch report says.

The Justice Department is aiming to settle a probe into Morgan Stanley's subprime mortgage business by early 2015.

Activist investment firm Corvex Management reported a 7.1% stake in American Realty Capital Properties, the U.S. real estate investment trust that has plunged since disclosing accounting errors two months ago.

Green Tree Servicing has agreed to a $1.2 billion serviced advance financing facility with Barclays Bank.

Home prices in 20 U.S. cities rose at a slower pace in the year ended in October, putting the market on better footing heading into 2015.

The guarantee fees collected by Fannie Mae and Freddie Mac could be used as a tool to moderate the boom and bust cycles in the housing market, according to a new report by a Treasury Department office.

Data Facts Inc., a mortgage credit report and verification services provider based in Cordova, Tenn., has adopted AccountChek, a deposit verification service provided by FormFree.

Mortgage rates stayed near their 2014 lows despite rising slightly, according to the Freddie Mac Primary Mortgage Market Survey released Wednesday.

The nation's largest banks have attacked their delinquent loan portfolios with gusto, but they may hit some barriers in 2015. The market for nonperforming loans is still robust with about $60 billion estimated to change hands in 2014.