Finance

Embattled mortgage servicer Ocwen Financial faces up to $26 billion in damage claims by bondholders and a greater risk of being fired as a mortgage servicer on thousands of small, private-label trusts.

Standard & Poor's had more than two times more upgrades than downgrades in 2014.

Fresh questions are being asked about the role of investors in the rental market and how their eventual exit may impact mortgage lending, property values and the economic recovery.

With economic growth expected to continue improving, 2015 should looks promising for the housing market, according to Fannie Mae.

The scorecard compares issuers' operational strength and skill in managing delinquent loans with those of their peers.

It can be difficult to have enough staff to handle an exchange of mortgage servicing rights, though companies are exploring different solutions

Some nonbanks feel capital requirements discourage diversification among market participants and their participation in the market because they put more constraints on their financial options and bar smaller players.

Mortgage interest rates increased for the third consecutive weak as strong housing data supported the market, according to Freddie Mac.

Ellie Mae's AllRegs unit has released a new version of its business information tool to help lenders and investors manage risk and identify market opportunities.

Real estate services provider Accurate Group has unveiled a new suite of products designed to facilitate title and lien clearance.

Morgan Stanley agreed to pay $2.6 billion to settle probes into its creation and sale of residential mortgage-backed securities, as the U.S. Department of Justice holds another large Wall Street firm to account for the 2008 financial crisis.

Low mortgage rates and moderating home price growth made December the fourth consecutive month to feature improved market stability, according to a report by Freddie Mac.

Wells Fargo is offering $1 billion of commercial mortgage bonds via the WFCM 2015-C27 conduit, according to a Kroll Bond Rating Agency presale report.

Walter Investment Management Corp. has emerged as the favorite of investors following a year of investigations of the top three nonbank mortgage servicers.

Quicken Loans originated the largest share of mortgages backing the latest two prime, jumbo RMBS deals being marketed by Credit Suisse and WinWater Home Mortgage.

A rally in a growing type of Fannie Mae and Freddie Mac securities is vindicating Invesco Mortgage Capital Inc.'s decision to be a big player in the market.

American Homes 4 Rent is pushing the maturity envelope with its latest single-family rental securitization.

The founders of FBC Mortgage have agreed to take over the mortgage lender as part of Stifel Financial's purchase of Sterne, Agee & Leach.

With the economy recovering, Chris Hurn saw an opportunity to start another company focused on Small Business Administration 504 loans — his longtime specialty — and spread the word to business owners about the benefits of owning their facilities.

New Residential Investment Corp., a U.S. real estate investment trust, agreed to buy Home Loan Servicing Solutions for about $1.3 billion.