Economy

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.

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.

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.

The number of new households being formed has finally recovered post-recession, according to a new study from the University of Southern California.

San Francisco's much-maligned Housing Authority is getting out of the management business.

California has delivered less than half of $2 billion in federal aid to help victims of the housing crash.

Prospects have improved for homebuyers who were frozen out of the American dream by investors who plunked down cash to buy houses in distressed markets.

Sellers across Washington and California have a lot to smile about, as cities in these two states ranked among the strongest housing markets in January, according to Pro Teck Valuation Services.

W.J. Bradley's method for retention relies on cutting edge data and analytics; leverages the strength of their retail branch network; and borrows common-sense advice from the father of self-help.

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.

A new service allows mortgage servicers and investors to identify the risk of homeowners association "super liens."

Here's a preview of some of the most interesting and important presentations scheduled at this year's MBA Servicing Conference, as selected by the editors of National Mortgage News.

Fannie Mae's first risk-share transaction of the year is for $1.5 billion.

California's existing home sales remained in a squeeze in January, with limited inventory and rising prices cutting affordability, the California Association of Realtors reported.

A federal relief effort that set aside nearly $2 billion in housing aid for troubled Californians is being expanded to help older homeowners avert foreclosures on their reverse mortgages.

Bay Area home sales posted their slowest performance in seven years last month.

When it comes to the most important part of sales, how do the people who represent you show up and serve your clients?

Mortgage rates for 30-year loans rose to a seven-week high, increasing borrowing costs from close to historic lows.

Freddie Mac will return $900 million to the Treasury Department next month, bringing total payments to nearly $21 billion above what it received in federal aid after the 2008 credit crisis.

The Department of Housing and Urban Development has issued more than $651 million in Indian Housing Block Grants in February.