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Ocwen Financial's sale of mortgage-servicing rights should generate sufficient liquidity for the Atlanta company to meet its debt-payment obligations, Moody's Investors Service said.
June 11 -
The mortgage lender Nationstar Mortgage Holdings is pouring a lot of energy into a digital and mobile homebuying platform called Xome. The strategy could attract tech-savvy millennials but carries plenty of risks including whether consumers would be improperly steered to its products.
June 10 -
The gap between how much homeowners think their home is worth compared to appraisers' values has grown wider, according to a Quicken Loans report.
June 9 -
Small banks and nonbank lenders are originating commercial mortgages with lower credit quality than the loans originated by large banks, according to a Fitch Ratings report.
June 8 -
Guarantee Mortgage Corp. has agreed to pay a $228,000 fine to the Consumer Financial Protection Bureau on allegations that it violated rules dealing with loan originator compensation.
June 5 -
Lenders keep hiring as outlook for home sales and originations remains uncertain.
June 5 -
The Consumer Financial Protection Bureau issued a consumer advisory on Thursday warning older consumers about misleading advertisements promoting reverse mortgages.
June 4 -
RPM Mortgage and its chief executive are facing $20 million in fines on allegations that the company violated the loan originator compensation law enforced by the Consumer Financial Protection Bureau.
June 4 -
Ratings agency Fitch took a cautious approach to the residential mortgage-backed securities market in its latest report on the sector.
June 4 -
Real estate executives have turned more bullish on the real estate market as it continues to attract the interest of foreign investors, a new study from law firm Akerman LLP found.
June 4 -
While demand for mortgages continues to slide up and down, profits for independent mortgage bankers are up.
June 3 -
Thorofare Capital in Los Angeles has agreed to originate commercial real estate bridge loans on behalf of the money manager DoubleLine Capital.
June 3 -
As nonbank lenders continue to grow their stake in the mortgage industry, researchers from the Harvard Kennedy School argue that regulatory reforms should come to lower the risk associated with these institutions.
June 2 -
Walter Investment Management Corp. is preparing to refinance and retain loans through other channels after the HARP ends in 2016.
June 2 -
Resigned to the fact that purchase volume is unlikely to make up for any decline in refinancing, Stonegate Mortgage is focused on improving efficiency to increase loan profits over trying to grow loan volume.
June 2 -
Citadel Servicing Corp., a California-based nonbank wholesale mortgage lender and servicer, has rolled out a subprime second trust deed loan program.
June 2 -
New servicing standards issued by the government-sponsored enterprises are unlikely to pose a hurdle for the biggest nonbank players in the market, but small servicers could find it more challenging.
May 28 -
Ocwen Financial will close a call center in Houston as the mortgage servicer continues to downsize.
May 27 -
Eight years after the bottom fell out of the housing market, investment giants including BlackRock are facing off against small hedge funds over the detritus of the subprime era.
May 27 -
Nonbank servicers selling and buying Fannie and Freddie MSRs must meet new capital and liquidity requirement to transfer servicing.
May 20







