Mortgages

Fitch has placed its servicer ratings on Ocwen and Homeward Residential on Ratings Watch Negative status.

The Federal Housing Finance Agency is seeking public comments on a new securitization platform for Fannie Mae and Freddie Mac.

Alan David Tikal is facing charges that he bilked more than 1,000 homeowners in a multi-state, multimillion-dollar mortgage scam.

Out of the seven swing states in the upcoming presidential election, six of them saw year-over-year increases in home prices in September.

Berkshire Hathaway’s interest in Residential Capital Corp. is beginning to waver, according to advisors and others close to the transaction.

Timothy Buzby has been promoted to president and chief executive of Farmer Mac, replacing Michael Gerber.

Multifamily mortgage origination volume increased 60% in 2011 over 2010, with $110 billion in loans produced.

Independent mortgage servicers are poised for explosive growth as litigation, new capital rules and risk weighting push traditional banks out of the business, said Wilbur Ross.

Average fixed mortgage rates saw their record lows get lower for the second consecutive week.

The National Association of Independent Housing Professionals feels mortgages professionals have no representation on the agency's new Consumer Advisory Board.

According to new figures compiled by CoreLogic, roughly 57,000 homes were lost to foreclosure during the month, compared to 58,000 the previous month.

The Consumer Financial Protection Bureau will ferret out lenders—bank and nonbank alike—with large numbers of consumer complaints.

The qualified mortgage rule—ever so briefly—became a topic in the presidential debate Wednesday night.

Explain to your customer that the credit score they obtain from one of those services could be vastly different than the one used for underwriting.

Remember the good old days, before the Industrial Revolution when governments threw people in debtor’s prison because they were broke?

In September, commercial real estate loans in CMBS that were delinquent by at least 30 days or in foreclosure fell 14 basis points from the previous month to 9.99%.

KBW said real estate investors interested in acquiring bank-owned properties have raised anywhere from $6 to $8 billion, enough to acquire 40,000 to 80,000 homes.

Is Wilbur Ross' exit from mortgage banking a sign that residential lending profits have peaked?

Ocwen Financial Corp. disclosed that it has agreed to buy Homeward Residential Holdings and all its mortgage affiliates.

Nationstar Mortgage went from private equity flop to a top servicer of troubled loans, thanks to deft management and a Fannie Mae partnership once hidden even from parts of the government.