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BlueMountain Capital Management is claiming that "misconduct" by Ocwen Financial Corp. triggered a default in securities issued by an affiliate of the mortgage servicer.
January 23 -
A new forecast from Freddie Mac suggests that mortgage rates will remain stable for the first two quarters of 2015.
January 23 -
Purchases of previously owned homes rose less than forecast in December as higher prices limited sales to first-time buyers.
January 23 -
The traditional method of measuring mortgage denials is fundamentally flawed. But by evaluating not just the quantity, but also the quality of mortgage applicants, the denial rate picture becomes more clear.
January 22
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Top housing economists dont think an Oil Patch slowdown will result in a weaker national housing market.
January 22 -
Mortgage rates declined for the third straight week, with lenders on average offering 3.63 percent on a 30-year fixed loan, Freddie Mac reported Thursday.
January 22 -
This isn't the kind of non-qualified mortgage securitization that investors have been clamoring for.
January 22 -
Mortgage rates near record lows, an improving job market and gradually easing credit standards will converge to make it the best year for home construction since 2007, say economists.
January 22 -
Home prices rose more than economists estimated in November, a sign job growth is helping to boost housing demand.
January 22 -
The pension fund sector owns hundreds of billions of dollars of mortgage securities. But MBS holdings are such a small percentage of their portfolios, pensions may not be aware of their heft in the industry.
January 21