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Kate Berry

Recent Stories From this Author

Servicers in DOJ's Crosshairs Following JPM Robo-Signing Settlement
March 25, 2015 The Justice Department's Clifford White is putting all mortgage servicers on notice that they too will be punished if they...

Nationstar's Stock Drops 10% After Capital Raise
March 25, 2015 Investors punished Nationstar Mortgage, sending shares down more than 10% Wednesday, down $3.15 a share to $27.96 a share,...

Ocwen Rebuts Bondholder Allegations of Improper Servicing
March 23, 2015 Ocwen Financial is fighting back against a group of large bondholders that have accused the Atlanta mortgage servicer of...

Ocwen Delays Filing 2014 Results, Sells More Servicing Rights
March 20, 2015 Ocwen Financial has delayed filing its 2014 results and announced the sale of more servicing rights. The embattled Atlanta...

CFPB Takes Aim at Referral Fees
March 19, 2015 The agency's interpretation of a Respa rule could put an end to the long-standing practice of mortgage lenders paying real...

A Not-So-Subtle Message from FHFA's Watchdog to Congress
March 18, 2015 There is no guarantee that Fannie Mae and Freddie Mac will remain profitable in the years ahead, raising the possibility of...

Refi Wave Would Be a Boon to FHA, Bummer for Servicers
March 13, 2015 An expected rush of refinancings of Federal Housing Administration loans could force some mortgage servicers to take...

Unexpected Rate Dip Throws Wrench in Mortgage Servicers' Plans
March 5, 2015 Some newcomers to mortgage servicing did not hedge because hedging would have increased costs. Had rates moved up, the...

JPM to Pay $50M Settlement for Robo-Signing, Other Bankruptcy Fouls
March 3, 2015 JPMorgan Chase has agreed to a $50.4 million settlement with the Justice Department for robo-signing documents sent to...

Ocwen Terminated as Servicer on Two Mortgage Trusts
February 27, 2015 Embattled mortgage servicer Ocwen Financial faces up to $26 billion in damage claims by bondholders and a greater risk of...

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