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Nationstar Mortgage Holdings swung to a significant loss as the servicing segment's income fell due to higher prepayments amidst the decline in interest rates and lower benefits.
May 5 -
Home prices, including distressed sales, rose year-over-year by 5.9% in March, according to CoreLogic.
May 5 -
The share of owner-occupant single-family home and condo buyers fell to a new low, according to RealtyTrac.
May 4 -
Although mortgage servicers technically work for the investors that pay them, the state of the business today requires that they make consumers front-and-center in their operations.
May 4 -
March featured the largest monthly decline in the mortgage delinquency rate in nine years, according to Black Knight Financial Services.
May 4 -
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.
May 4 -
The Department of Housing and Urban Development has rescinded a policy designed to help certain widowed spouses of reverse mortgage borrowers avoid foreclosure.
May 1 -
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.
May 1 -
Mortgage professional hiring and new job appointments for the week ending May 1.
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.
April 30





