Ocwen Chairman Erbey resigns as company admits misconduct

Ocwen Chairman Erbey resigns as company admits misconduct

Company to pay $150 million to homeowners

Existing home sales collapse 6.1% in November

Tumble comes amid record low declining rates, prices

Monday Morning Cup of Coffee: Oil’s crash will impact MBS market

Mortgage fraud is still a problem, plus the gift of housing metrics
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Lighting the way

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FHA Commissioner David Stevens and Chief Risk Officer Bob Ryan have a tough job: Move mortgage finance forward, even during the industry's darkest days. Together the two are charting a new path toward the future for the federal agency, which provides mortgage insurance on loans made by FHA-approved lenders.

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