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Ocwen Financial Corp. has received a subpoena from the Department of Housing and Urban Development Office of Inspector General regarding force-placed hazard insurance.
May 17 -
All post-closing reviews of new Federal Housing Administration-insured mortgages must now use the defect taxonomy, effective immediately.
May 16 -
To address an unintended consequence of the TILA-RESPA integrated disclosures, California regulators are making it easier for lenders to prove compliance with rules limiting interest charges on mortgage closings that take more than one day.
May 15 -
The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial.
May 15 -
U.S. securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street's biggest residential landlords used overvalued property assessments.
May 9 -
In an attempt to show it went all out to help struggling homeowners, the embattled mortgage servicer Ocwen Financial provided an unusual level of detail about foreclosures it says regulators have deemed "inappropriate."
May 3 -
Learn how the some of the industry's most successful loan originators get it done with these tricks of the trade from the 2017 Top Producers rankings' top 20 loan officers of the Northeast.
May 2 -
Regulator now has recovered nearly $4.8 billion in various suits related to the mortgage meltdown in 2008.
May 1 -
The U.S. Supreme Court issued a mixed decision on the reach of the main federal housing-discrimination law, telling a lower court to reconsider whether Miami can sue banks for lending practices the city said contributed to urban blight.
May 1 -
Jesse Litvak was sentenced to two years in prison and fined $2 million after he was convicted a second time for lying about mortgage-backed securities prices.
April 26 -
American Financial Network has agreed to pay $5,000 to an unnamed person of Hispanic origin to settle a Fair Housing Act claim.
April 20 -
Two Amherst, N.Y., couples, the Eisens and the Schiffs, were friends for more than 25 years.
April 17 -
Love 'em or hate 'em, the mortgage business is full of jargony abbreviations. Test your mortgage knowledge on these key industry terms.
April 13 -
A civic-minded judge whose inspiring rags-to-riches story helped her become the first Filipina elected to the Cook County, Ill., bench was indicted Wednesday on mortgage fraud charges.
April 13 -
PNC has agreed to pay $16 million to settle a federal overtime lawsuit filed by current and former mortgage loan officers, according to court documents.
April 12 -
Former Jefferies & Co. Managing Director Jesse Litvak says he should be spared prison when he is sentenced later this month following his conviction of a single count of fraud.
April 11 -
United Shore Financial Services has agreed to pay a total of $1.4 million to consumers and California regulators to settle allegations it collected interest payments it was not entitled to.
April 10 -
Although the Dodd-Frank Act made some positive changes, the weight of its regulations is killing small banks, Bank of America CEO Brian Moynihan said Tuesday.
April 4 -
Nearly 40 current and former congressional Democrats — including the namesakes of the Dodd-Frank Act — challenged the notion that Congress may not dictate the organization of federal agencies.
March 31 -
Ocwen Financial is a step closer to the day when it can resume purchases of mortgage servicing rights.
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