Top 5 cities where safety is not a question

Top 5 cities where safety is not a question

Number one shouldn't be a shocker

Where's Watt?

FHFA scorecard should be marked tardy

Rentership society? Insider trading on Russian sanctions?

What We're Reading: The Good Friday edition

Items Tagged with 'mortgage servicing'


Did the foreclosure rate really get cut in half?

Yes, according to OCC data
March 27, 2014
The percentage of early stage delinquencies, 30 days+ overdue, is 2.6%, down 8.7% from a year ago and the lowest level at year-end since reporting began in January 2008. But the really big changes concern foreclosures.
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How to avoid getting sucked into a force-placed insurance fight

CFPB enforces 5 standards. Know them.
March 18, 2014
Force-placed insurance is a controversial subject. It pulls big players such as Bank of America into big fights. While it is a necessary function in many instances, the charge for the service often draws ire. Follow these rules to avoid getting sucked into a fight.
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Christopher Whalen: The single biggest question facing the mortgage space

There are no easy answers
March 17, 2014
So if you are in an auction with a bunch of stupid money who just want to put assets to work and thereby earn a management fee, do you bid aggressively – above the true value of the assets – or do you stand back and let the clown win the auction?
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Is Ocwen built on the wrong regulatory foundation?

Regulators start to question Ocwen business arrangement
February 28, 2014
William Erbey’s lines of businesses are starting to be questioned by those in the industry. Erbey built a servicing empire of mind-aching complexity, but how stable is it?
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Nationstar annual profit dragged by fourth-quarter loss

Solutionstar business records strong first year
February 27, 2014
"We will continue to grow our Solutionstar business with organic volume growth at Nationstar and third-party business along with fee-based services acquisitions that meet our return thresholds," Chief Financial Officer David Hisey said.
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Ocwen Financial profits slightly under estimates

Posted strong fourth-quarter earnings
February 27, 2014
"We are working cooperatively with the New York Department of Financial Services to address its concerns that led to an indefinite hold on our transaction with Wells Fargo. Longer-term we believe developments remain positive for our business, particularly in three areas," said Bill Erbey, chairman of Ocwen.
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Wingspan CEO: 3 keys to success for servicers

Servicing now a hub of strategic partners
February 20, 2014
Wingspan Portfolio Advisors finished this past year with several key profile acquisitions that significantly increased the company’s size and revenue, but that's not where the storybook ends.
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Inside look: What mortgage servicing really needs

Where are all the innovative solutions to dilemmas we face?
February 20, 2014
Mortgage servicers are so obsessed with the CFPB, no one is going back to see if any of the out-of-the-box, pre-Meltdown ideas are worth revisiting.
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CFPB shocks mortgage conference

Regulator says it is 'greatly disappointed' in lack of servicer progress
February 19, 2014
The good cop officially left the room when Steven Antonakes, deputy director of the Consumer Financial Protection Bureau, stepped up to the podium: "Business as usual has ended in mortgage servicing," he said.
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4 headwinds for mortgage servicing

Lawsuits, FHFA, bills threaten stock performance
February 18, 2014
The mortgage servicing business has several serious headwinds facing it that may prove to be greater than what the market originally anticipated.
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