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.
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.'
Mortgage Loan Servicer Under Siege
Mortgage-backed securities investors jump on the bandwagon and accuse Ocwen Financial of mishandling loan modifications.
Fed Set to Adopt Risk Retention Rule
Banks will finally be required to have 'skin in the game" when they securitize certain mortgages.
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.
Fannie Mae and Freddie Mac: The Ugly Twins of Finance
America’s huge mortgage-market distortions seem likely to endure.