Ocwen: Mortgage bond investors mislead public, push foreclosures

Ocwen: Mortgage bond investors mislead public, push foreclosures

Fires back at “baseless, groundless” charges of mortgage payment negligence

California settlement puts Ocwen on a leash

Prohibited from acquiring California MSRs without state’s approval

Monday Morning Cup of Coffee: Ocwen settles "frustrating skirmish" with California

But that's just over file access, not file content

Items Tagged with 'Mortgage'


Sindeo's twist on modern mortgage lending

Hires 4 new executives to bolster growth
Brena Swanson
Although the industry is moving online, Sindeo’s new mortgage model adds its own spin on the standard online application, one that views a loan officer as a necessity.
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This housing market will never be saved

Six years later, still struggling
Brena Swanson
According to one bold housing columnist, housing will never spring back to its pre-recession levels. Despite all the government’s best attempts to spur activity again, these headwinds will remain.
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Americans have many problems, but owning a home isn’t one

Healthcare is No. 1 concern
Jacob Gaffney
The results of the latest Gallup poll show that the average American is still fretting over finances. Let’s be honest, that will never change. But what Americans fret over, financially, does.
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S&P settles with SEC for $58 million over bond ratings fraud

First action against one of the big three ratings firms
Sarah Wheeler

“Investors rely on credit rating agencies like Standard & Poor’s to play it straight when rating complex securities like CMBS,” said Andrew J. Ceresney, director of the SEC Enforcement Division. “But Standard & Poor’s elevated its own financial interests above investors by loosening its rating criteria to obtain business and then obscuring these changes from investors."

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SunTrust 4Q earnings dented by mortgage expenses

Beats on earnings per share
Brena Swanson
SunTrust’s earnings still beat earnings per share forecasts despite a drop in its fourth-quarter earnings from mortgage-related legal expenses.
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Will 2015 be better for California’s housing market?

Number of underwater borrowers shrinks 28.5% for the year
Brena Swanson
Now that California is past last year’s tepid housing market, it should fare better in 2015, thanks to mortgage interest rates trending lower and loosening mortgage standards.
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Lennar net earnings rise, beat 4Q estimates

Mortgage and title operations boost profitability
Brena Swanson
Lennar reported a rise in net earnings for the fourth quarter despite the housing market’s slow recovery. That slow recovery could pick up speed in the new year, thanks to recent changes in credit availability and affordability.
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The future of the Dallas mortgage market

A forecast for 2015 and it looks bright
Marcus McCue
For the second year in a row, Dallas-Fort Worth ranked as the fifth-best area in which to build or invest in real estate, paving the way into 2015. But the forecast isn't all positive.
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High cost of California housing driving resident exodus

Middle-class priced out in many California markets
Ben Lane
Experts have identified the rising cost of California housing, which boasts many of the nation’s most expensive markets, as the main reason people are leaving the Golden State for greener pastures.
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Regulators changing focus to smaller industry players
Michael O'Connell

Given this quickly changing environment, where the rules can change overnight and companies can be held accountable for errors made before the change, very few companies have any reason to feel secure.

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