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Nationstar Mortgage Holdings reported a $132.4 million loss for the first quarter of 2016, showcasing once more the toll falling interest rates have taken on companies across the mortgage industry.
May 4 -
Walter Investment Management Corp. sank into a deeper $172.7 million net loss during the first quarter, as lower interest rates caused pressure on the company's mortgage servicing rights valuation.
May 3 -
United Guaranty's pretax operating income of $163 million benefited from lower mortgage delinquency rates but a decline in refinance originations affected the amount of new insurance written.
May 3 -
Servicing rights are high-yielding assets, making them attractive investments for hedge funds, real estate investment trusts and banks.
May 2 -
Freddie Mac is marketing its 20th offering of Structured Agency Credit Risk notes offloading exposure to defaults on residential mortgages that it insures.
April 29 -
Mortgage professional hiring and new job appointments for the week ending April 29.
April 29 -
For banks looking to enter or expand their mortgage servicing rights business, there is a pressing question: Are the best years for MSRs behind us or do current market conditions offer a favorable risk/reward opportunity?
April 28Houlihan Lokey -
The nation's housing markets may be finally getting over the foreclosure crisis, but for many Americans the anger hasn't subsided.
April 28 -
During the mortgage crisis, servicers recruited people from the origination business to help with loan modifications. Now the two sides of the industry are coming together in a new way.
April 28 -
Ocwen Financial Corp. has fulfilled its consumer relief obligation under the National Mortgage Settlement ahead of schedule. But that doesnt mean its in the clear yet.
April 28