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The lenders also are receiving warrants to purchase New Residential stock.
May 20 -
But Black Knight and Arch Capital's mortgage insurance business aren't as affected, at least so far.
May 5 -
Ocwen Financial has approximately $749 million of liquidity from various sources to deal with servicing issues arising from the coronavirus, a company press release said.
April 3 -
New Residential Investment, a real estate investment trust focused on housing, is selling a portfolio of debt with a face value of $6 billion.
March 31 -
Mortgage real estate investment trusts are taking stock of their financial ability to respond to market shocks and other concerns stemming from the coronavirus.
March 17 -
Mortgage lenders could benefit from the surge in refinancing due to widening market spreads, and that could help offset damage to servicing rights portfolio valuations, according to Keefe, Bruyette & Woods.
March 9 -
Altisource Portfolio Solutions lost nearly the same amount of money as it did for the whole year while it continued the business transition started in 2018.
March 6 -
The cancellation by New Residential of a money-losing subservicing agreement should benefit Ocwen's financial results going forward, the company said.
February 26 -
Ocwen Financial Corp. is on track to become profitable on a pretax basis by the third quarter without any special items enhancing earnings, according to a preliminary release of its fourth-quarter results.
February 7 -
The strong refinance market in the fourth quarter propelled earnings at three different mortgage-related business that also were dealing with merger and acquisition activity during and after the period.
February 6