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This will be the second time in as many months that Ocwen has announced an MSR sale on an Agency portfolio of residential loans to Dallas, Texas-based Nationstar. In February, Ocwen announced its intention to sell the MSR on a portfolio of about 81,000 performing residential loans owned by Freddie Mac with a UPB of about $9.8 billion to Nationstar. Combined, the two MSR deals between Ocwen and Nationstar announced in the last two months include about 223,00 Agency residential mortgage loans with $34.8 billion in UPB.

Sales are 4.7 percent higher than a year ago and above year-over-year totals for the fifth consecutive month. The median existing home price for all housing types in February was $202, 600. That is 7.5 percent above the February 2014 price. This marks the 36th consecutive month of year-over-year price gains since last year.

Sinks has served as President and COO since January 2006. Previously, Sinks served as EVP ¬of Field Operations from 2002. Sinks has also served as SVP of Controller and Chief Accounting Officer, and before that held a variety of positions within the accounting and finance Departments. Sinks earned his MBA from the University of Wisconsin – Milwaukee, and holds a Bachelor of Science degree in accounting from the University of Mary.

Lennar opened its first community of single-family rental homes this month in Sparks, Nevada, and has a construction pipeline of 20,000 apartments exceeding $5.5 billion, the Miami-based company said today. After reporting a better-than-expected net income, it seems Lennar's decision may be paying off.

Rep. John K. Delaney (Maryland), Rep. John Carney (Delaware), and Rep. Congressman Jim Himes (Connecticut) said the bill would wind down Fannie Mae and Freddie Mac and allows the GSEs to be sold and recapitalized. The congressmen said protecting the 30-year fixed rate mortgage is key because it ensures “home affordability for the middle class and shields American taxpayers from future bailouts by reforming the housing finance system.”

Robin Gilmore has been hired as EVP-Operational Strategy with responsibility for overseeing the build-out of infrastructure and tools needed for the company's expansion. She brings more than 23 years of experience in the industry to her position and has a B.S. in accounting from the University of Maryland. Gilmore's background includes positions with Kinecta, LoanDepot, Fannie Mae, and Countrywide.

The U.S. move rate has continued to stay at about 12 percent since 2008. This rate has held steady between 11.5 and 12.5 percent, and about 1 in 9 people moved between 2013 and 2014. That’s an estimated 35.7 million people who migrated over the U.S. during that year.

A policy allowing consumers to publicly share their stories when submitting complaints to the CFPB was first proposed by the Bureau in July 2014. After months of receiving comments from consumer groups, trade associations, companies, and individuals, theCFPB finalized its consumer narrative policy on Thursday.

Features of the 2015 Five Star Government Forum included keynote addresses from U.S. Congressman Randy Neugebauer (R-Texas), Fannie Mae SVP and Chief Economist Doug Duncan, and Freddie Mac Deputy Chief Economist Len Kiefer as well as Five Star President and CEO Ed Delgado's one-on-one interview with Acting FHA Commissioner Biniam Gebre.

Prior to joining Mid America and Mortgage Machine Services, Shelton worked for mortgage loan origination system (LOS) provider Calyx Software. In her most recent position there, Shelton served as implementation manager and business analyst, where she was responsible for ensuing clients would remain compliant after implementing Calyx’s Path LOS. Shelton began her career in the auto finance industry and made the transition to real estate finance in 2004 when she joined Dallas/Ft. Worth-based lender 4Trust Mortgage.