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Ocwen is close to reaching a settlement with federal regulators and it appears the giant servicer will agree to make cash payments to borrowers who were harmed during the foreclosure process.
August 1 -
The USDA is warning originators not to close loans with higher loan amounts or interest rates than noted on the conditional commitment.
August 1 -
Legislation to reform the Federal Housing Administration sailed through the Senate on Wednesday, but the bill's future remains up in the air as Congress prepares to break for the August recess on Friday.
August 1
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The Federal Reserve said persistently low inflation could hamper the economic expansion and pledged to keep buying $85 billion in bonds every month.
July 31 -
National Mortgage Insurance Corp. has agreed to insure about $5 billion in residential mortgages in its first risk transfer transaction with Fannie Mae.
July 31 -
A comparative TransUnion study revealed that consumers credit card payment habits and lending risk mirror attitudes towards mortgages and auto loans.
July 31
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Ally Financial said its second-quarter loss widened on costs from a mortgage settlement and higher provisions for soured car loans.
July 31 -
DataQuick has developed an advanced title analysis tool that enables users to better understand market changes and adjust their business strategies accordingly.
July 31 -
A federal appeals court has directed NCUA and Barclays Capital to negotiate a possible settlement of claims in the corporate credit union crisis.
July 31
