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Kate Berry

Recent Stories From this Author

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...

CIT and OneWest Chiefs to Take on Critics at Merger Hearing
February 26, 2015 CIT's John Thain and OneWest's James Otting, scheduled to speak today at a public hearing on their $3.4 billion M&A deal, will...

Redefaults Continue to Plague HAMP
February 25, 2015 One in three struggling homeowners who received a loan modification through the Home Affordable Modification Program...

With Ocwen, Enforcement Is a Balancing Act
February 23, 2015 It's not quite too big to fail, but Ocwen is the country's largest servicer of subprime mortgages. So if it were forced to...

Mortgage Servicers Transition, But Struggle to Move Past Crisis
February 18, 2015 Foreclosures and delinquencies may seem like problems from the past, but servicers are still struggling with a massive backlog...

Discover Finds Mortgages a Tough Nut to Crack
February 13, 2015 Just three years ago, CEO David Nelms heralded the purchase of LendingTree Loans as a milestone in Discover's evolution from a...

Tough Choices for Servicers After Tenant Foreclosure Law Expires
February 5, 2015 The expiration of the federal Protecting Tenants at Foreclosure Act leaves servicers dealing with a patchwork of state laws...

California Regulators Seek Independent Auditor for Ocwen
January 30, 2015 The California Department of Business Oversight is accepting applications until Feb. 20 from firms or individuals with...

FHA Tees Up Affordable Rental Housing Program
January 28, 2015 Aiming to address a nationwide shortage of affordable housing, FHA has launched a risk-sharing pilot program that it hopes...

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