Jacob Passy

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Home prices rose by more on a monthly basis in New York than in any other state in the country, according to Black Knight Financial Services.
Ocwen Financial Corp. has reserved $12.5 million to put toward a potential settlement with the Consumer Financial Protection Bureau.
The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.
CoreLogic has released a new platform that provides information on lien and equity positions for whole loan traders and servicers.
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.
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.
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.
CoreLogic reported a 90% year-over-year decline in net income during the fourth quarter, as impairment charges more than offset the company's revenue gains.
Home value appreciation is ramping up in housing markets across the South, led by cities in Tennessee, Florida and Texas.
Ocwen Financial Corp. reduced its net loss in the fourth quarter, a reflection of the company's efforts to reduce expenses.
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