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KBW said real estate investors interested in acquiring bank-owned properties have raised anywhere from $6 to $8 billion, enough to acquire 40,000 to 80,000 homes.
October 3 -
Is Wilbur Ross' exit from mortgage banking a sign that residential lending profits have peaked?
October 3
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Ocwen Financial Corp. disclosed that it has agreed to buy Homeward Residential Holdings and all its mortgage affiliates.
October 3 -
Nationstar Mortgage went from private equity flop to a top servicer of troubled loans, thanks to deft management and a Fannie Mae partnership once hidden even from parts of the government.
October 3 -
Roughly 10 million additional Americans might get the opportunity to refinance at today’s low mortgage rates, under two bills being promoted by HUD secretary Shaun Donovan.
October 2 -
FBC Mortgage has agreed to merge with a unit of Sterne Agee, an investment banking firm that covers a select number of residential finance stocks.
October 2 -
Flagstar Bancorp named Michael Tierney president of both the holding company and thrift, effective immediately.
October 2 -
The California Association of Realtors expects the state's housing market to continue its recovery effort next year with improved home sales and a rise in home prices.
October 2 -
Field services are the first step servicers have to consider as they choose foreclosure sales and disposition strategies.
October 2 -
Almost a month ago Mortgage Industry Advisory Corp. held an auction on $8 billion of Government National Mortgage Association servicing rights.
October 2







