Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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Items Tagged with 'serious delinquency rate'

ARTICLES

Freddie Mac sells $659 million in “deeply delinquent” loans to unknown buyer

Executes first sale of seriously delinquent loans
Ben Lane
Freddie selected the winning bidder “on the basis of economics” from a pool of 22 prospective buyers that took part in the auction. When contacted, Freddie declined to identify the winner of the auction.
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Multifamily loan delinquencies decline in 3Q

Kerri Ann Panchuk
The delinquency rates for commercial and multifamily mortgages continued to fall in the third quarter, new data from the Mortgage Bankers Association claims.
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Delinquency rate hits lowest level since 2008

State delinquencies improve across the board
Brena Swanson
The housing market is starting to look similar to pre-crisis levels. The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to 6.96% in the second quarter, the Mortgage Bankers Association said.
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