Technology

Ocwen has reserved $12.5 million to put toward a potential settlement with the Consumer Financial Protection Bureau.

The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.

CoreLogic has released a new platform that provides information on lien and equity positions for whole loan traders and servicers.

The monthly prepayment rate declined in January, an indication of the effects of higher interest rates.

MetaSource has acquired Dallas-based mortgage document firm Orion Financial Group in an effort to expand upon its lien release offerings.

Nationstar Mortgage Holdings reported significantly higher net income for the fourth quarter, due to improved revenue in its servicing segment.

Economic growth and lasting positive change within the mortgage industry require carefully considered strategy and close analysis of potential scenarios, not hastily-conceived executive orders.

International Document Services has updated its idsDoc technology to support upcoming changes to Home Mortgage Disclosure Act reporting.

The mortgage lending industry may not yet be ready to share the market with marketplace lenders, but their choices are slim: Either get on board or get out of the way.

The American Land Title Association is calling on state governments to support regulations that recognize and authorize remote electronic notarizations.