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Financial services firm Radian Group has hired Clifford Rossi to be its chief economist and senior vice president.
February 23 -
Sales of previously owned homes fell more than expected in January as a tight supply forced up prices, showing the residential real estate market faces an uneven recovery.
February 23 -
New Residential Investment Corp., a U.S. real estate investment trust, agreed to buy Home Loan Servicing Solutions for about $1.3 billion.
February 23 -
Ocwen Financial has tentatively agreed to sell a mortgage-servicing portfolio on $9.8 billion of loans to Nationstar Mortgage Holdings, and Ocwen hinted that more deals may be in the offing.
February 23 -
Recent court decisions against Fannie Mae and Freddie Mac shareholders have put to rest the notion that the two mortgage giants exist as anything but instrumentalities of the U.S. government, according to a report by Kroll Bond Rating Agency.
February 20 -
NMI Holdings, the parent company of National Mortgage Insurance Corp., reported a net loss again in the fourth quarter as it saw growth in new insurance written.
February 20 -
If you want to know what a Greek exit from the euro would do to the 16.7 billion ($19 billion) of bonds out there backed by Greek assets, a good place to start is Argentina.
February 20 -
California has delivered less than half of $2 billion in federal aid to help victims of the housing crash.
February 20 -
While many servicers are under pressure to sell of mortgage servicing rights, there's still a fair amount of interest in buying MSRs from other quarters of the market.
February 20
National Mortgage News -
Fannie Mae reported net income of $14.2 billion last year, a sharp decline from the record $84 billion in 2013 that was inflated by accounting for tax credits.
February 20

