Ocwen’s road ahead: Well, can't get any worse

Ocwen’s road ahead: Well, can't get any worse

Fall down seven times, get up eight?

Monday Morning Cup of Coffee: What’s the diagnosis for the "sick" housing market?

Still, confidence remains high

6 secrets to dealing with regulations for mortgage servicers

A candid look from the perspective of 2 recovering regulators
W S

News

Gallup: Americans not as optimistic about homeownership

So what changed?
Brena Swanson
Although Americans are generally more positive about homebuying, they remain less optimistic than they were during most of the past two years. But the reason for the trepidations could be going away.
Read More

Moody’s: Super-priority lien warning positive for Freddie Mac’s latest securitization

Benefit limited to newest and future risk-transfer deals
Trey Garrison
The FHFA issued a statement warning last week that federal law prohibits state courts from involuntarily extinguishing Fannie and Freddie liens to give precedence to so-called “super-priority” liens. This will have an impact, but maybe not on everything you want it to. Read on to find out the limits.
Read More

Ocwen’s road ahead: Well, can't get any worse

Fall down seven times, get up eight?
Trey Garrison
How close is Ocwen to extricating itself from the mess of its own making, and can it alter the course enough to ride out the rest of the storm? On Thursday, we'll see how they did in their first post-Erbey quarter, and if things are going to plan.
Read More

Realtor kidnapped at gunpoint in Arkansas

Suspect posed as buyer to lure agent to property
Trey Garrison
In a case chillingly similar to one from fall 2014, an Arkansas Realtor was lured to a property by a suspect posing as a buyer, who then kidnapped the Realtor at gunpoint.
Read More

Black Knight: Home prices tick up slightly in February

Modest monthly gain the best since June 2014
Trey Garrison
Colorado leads in gains while Connecticut saw the biggest decline. How did your housing market fare? Read on to find out.
Read More

Monday Morning Cup of Coffee: What’s the diagnosis for the "sick" housing market?

Still, confidence remains high
Trey Garrison
With 1.2 million buyers missing from the marketplace, something is wrong. But where is the real problem? Also, the interest rate and mortgage bond outlook, home prices, industry confidence and more.
Read More

Investors still bullish on single-family rental market

Highlights from IMN Single-Family Rental Investment Forum
Lynn Effinger
While some recent downward pressure on yields experienced by the much larger institutional investors has somewhat tempered the enthusiasm surrounding single-family rentals, investors are still bullish on the performance of the new asset class.
Read More

Impac comes roaring back

Stock soars on earnings news
Ben Lane
A tremendously positive earnings report sent Impac Mortgage Holdings’ stock soaring on Friday. The company isn't back to its pre-crisis heights, but it's on its way.
Read More

NASDAQ to delist Home Loan Servicing Solutions

Next shoe in New Residential deal drops
Ben Lane
The next shoe has dropped in New Residential Investment’s acquisition of Home Loan Servicing Solutions. The company announced late Friday that it received a letter earlier in the week from NASDAQ, which stated that the stock exchange is delisting Home Loan Servicing Solutions, effective at the opening of business April 29, 2015.
Read More

Five Oaks breaks into jumbo mortgage bonds

Launches first securitization
Ben Lane
After participating in two jumbo mortgage bond offerings brought by other issuers in 2014, Five Oaks Investment Corp. is launching a jumbo mortgage bond of its own. The offering, which will be issued as Oaks Mortgage Trust Series 2015-1, is backed by 383 mortgages with a total balance of approximately $267.2 million.
Read More