Mortgage loan

Mortgage Servicer to Pay $1.5M Fine Over Ocwen Deals
Credit

Mortgage Servicer to Pay $1.5M Fine Over Ocwen Deals

The charges are the latest fallout from regulatory investigations of Ocwen Financial and affiiliated companies.
By Matthew Heller | October 6, 2015
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Home Sales Continue to Rise; Prices Dip Slightly
The Economy

Home Sales Continue to Rise; Prices Dip Slightly

'The creation of jobs added at a steady clip and the prospect of higher mortgage rates and home prices ... is encouraging more households to buy.'
By Katie Kuehner-Hebert | August 20, 2015
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Mortgage Loan Servicer Under Siege
Risk & Compliance

Mortgage Loan Servicer Under Siege

Mortgage-backed securities investors jump on the bandwagon and accuse Ocwen Financial of mishandling loan modifications.
By Katie Kuehner-Hebert | January 27, 2015
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Fed Set to Adopt Risk Retention Rule
Risk

Fed Set to Adopt Risk Retention Rule

Banks will finally be required to have 'skin in the game" when they securitize certain mortgages.
By Matthew Heller | October 16, 2014
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REITs Using SPVs to Get Cheaper Loans
Risk Management

REITs Using SPVs to Get Cheaper Loans

The number of special-purpose vehicles owned by real estate investment trusts has been growing rapidly since the summer of 2013.
By David Katz | May 13, 2014
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Fannie Mae and Freddie Mac: The Ugly Twins of Finance
Risk & Compliance

Fannie Mae and Freddie Mac: The Ugly Twins of Finance

America’s huge mortgage-market distortions seem likely to endure.
By Economist Staff | April 10, 2014
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Wonderful While It Lasted
Risk & Compliance

Wonderful While It Lasted

A successful local bank finds it no longer pays to hold on to the mortgages it issues.
By Economist Staff | December 2, 2013
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