Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
W S

Items Tagged with 'OIG'

ARTICLES

OIG: FHFA can mitigate GSE risks from servicing, selling guidelines

GSEs don’t require independent assurance on counterparties
Trey Garrison
The Federal Housing Finance Agency can further mitigate the risks posed by Fannie Mae’s and Freddie Mac’s reliance on their counterparties’ information on origination and servicing compliance.
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Inspector General: Fannie Mae should implement repurchase late fees

Failure to do so in the past cost taxpayers
Trey Garrison
Freddie Mac assesses late fees on aged outstanding repurchase demands, while Fannie Mae has no monetary penalties to encourage their resolution.
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