Servicing

Wes Edens, a co-owner of the Milwaukee Bucks, has shot his share of air balls at his private-equity firm Fortress Investment Group. With mortgage assets, Edens has found his mark.

The Department of Housing and Urban Development has rescinded a policy designed to help certain widowed spouses of reverse mortgage borrowers avoid foreclosure.

Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a first-quarter profit and highlighted an expansion into mortgage lending.

Mortgage professional hiring and new job appointments for the week ending May 1.

The troubled Atlanta mortgage servicer's independent auditor has again delayed its 2014 financial results and has raised questions about the firm's viability, CEO Ron Faris said after Ocwen reported a steep earnings drop.

Credit Suisse, Deutsche Bank and Wells Fargo are first are marketing nearly $4 billion in commercial mortgage-backed securities via three conduits slated to price the first week of May.

New York law gives investors who say they were duped into buying flawed mortgage bonds six years to sue. But does the clock start ticking on the day the bonds were packaged or after problems with the loans came to light?

Ocwen Financial and Assurant have reached an agreement to settle charges that the embattled mortgage servicer profited from kickbacks on force-placed insurance policies with struggling homeowners.

Freddie Mac plans to auction off $233 million of nonperforming loans, the government-sponsored enterprise announced.

A new CoreLogic service aims to help servicers and mortgage investors keep tabs on properties in states that give homeowners' associations super lien status.