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From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage.
March 1
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The acting head of the Consumer Financial Protection Bureau has made clear he wants to rein in the bureau’s spending, but what exactly he plans to cut is a mystery.
February 28
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Ocwen Financial Corp.'s acquisition of PHH Corp. will help the nonbank servicer rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall housing market.
February 28
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NMI Holdings' common stock sale puts the company in a stronger position for future fundraising efforts, such as a now-delayed debt offering.
February 28
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Participants at the Structured Finance Industry Group conference in Las Vegas say that future deals could be linked to the performance of jumbo, as well as conforming loans.
February 28
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A $2.38 million loan Remax founder and former CEO David Liniger provided to the company's then-chief operating officer, Adam Contos, violated the company's code of ethics because its board of directors was never told about it, the company said as it announced it had completed an internal investigation.
February 23
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Ditech Holding Corp. promoted Jeffrey Baker to interim CEO of the company, replacing Anthony Renzi who left the company.
February 21
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As inflation fears put upward pressure on 10-year Treasury bonds and mortgage rates nationally, borrowers could start to take more notice of what lenders are charging them locally.
February 20
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National MI set a record for new insurance written in the fourth quarter, but its parent company reported a net loss for the period due to tax reform.
February 16
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The company that holds Washington Mutual's legacy reinsurance business has agreed to purchase a controlling interest in Nationstar Mortgage and invest in its growth.
February 13
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Vermont’s first sustainability bond sale yielded strong demand to fund new affordable housing throughout the Green Mountain State, according to Gov. Phil Scott.
February 12
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Ellie Mae's fourth-quarter and full-year revenue increased over the corresponding prior periods following its acquisition of Velocify.
February 9
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Walter Investment Management Corp. plans to emerge from Chapter 11 bankruptcy and start trading again under a new name in a matter of days.
February 8
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Mortgage rates hit their highest mark since December 2016 as bond yields were affected by the roller coaster stock market, according to Freddie Mac.
February 8
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The deal is backed by an unusually concentrated portfolio of just 19 loans on properties being rehabbed or converted to a new use; by property type, the biggest exposure is to hospitality, at 19.7%.
February 8
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Recent stock market volatility may further constrain jumbo lending, while inflation concerns have lenders paying close attention to rising mortgage rates.
February 6
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Shares of homebuilders are now in their 10th straight day of decline, the longest losing streak for the sector since 2002, when it lasted 11 days.
February 5
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Bonus depreciation, Section 179, interest and loss limitations — what does it all mean?
February 5
Engineered Tax Services -
Anthony Renzi, the former Freddie Mac executive brought in to try and right the ship at Walter Investment Management Corp., will be leaving the company once a replacement is found.
February 2
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Three senators have unveiled a bill that would allow captive insurance companies to regain full membership in the Federal Home Loan Bank System.
February 1
