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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Items Tagged with 'annual report'

ARTICLES

MBIA reports diving quarterly net income

Company struggling to get through restructure
Trey Garrison
MBIA reported an adjusted pre-tax loss of $84 million for the fourth quarter of 2013 compared with adjusted pre-tax income of $110 million for the fourth quarter of 2012.
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Fannie Mae finally profits Uncle Sam

Now will they start paying shareholders?
Trey Garrison
Fannie Mae is paying the U.S. Department of Treasury $7.2 billion, bringing its payments now to a level exceeding the total bailout it received. It still hasn't paid shareholders. It's unclear if it plans to. And it hasn't started paying back the bailout, either.
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