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 'Mortgage'

ARTICLES

Dick Bove: Mortgage lending won’t exist without Fannie, Freddie

Who would buy 30-year, fixed-rate mortgages?
Brena Swanson
The government has been talking about the future of Fannie Mae and Freddie Mac for some time now, but without these organizations, what buyers will be there to fill in the gap?
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Black Knight: Delinquencies continue downward trend

Drops 11% from January 2014
Brena Swanson
Delinquencies continued to trend down and dropped 11% from January 2014. On the other hand, January’s 94,300 foreclosure starts marked the highest level of starts since December 2013.
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PHH locks in retail mortgage opportunities

Opens six new retail centers
Earlier this month, PHH said it was on the lookout for retail mortgage opportunities, and now just a little over a week later, the company announced it is opening six new retail mortgage centers.
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Morgan Stanley, Goldman Sachs nearing U.S. mortgage resolutions

Settles bonds dating back to the financial crisis
Brena Swanson
Morgan Stanley and Goldman Sachs Group are finally getting closer to resolving claims that the two firms misled investors in mortgage bonds during the financial crisis.
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Lenders One: Lenders finally being forced to change

The growing role of technology in housing
Brena Swanson
Housing is one of the last industries to embrace the world of technology, and even with the progress it has made, it still has a long way to go. So what has been holding housing back?
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Cash home sales decline for 23rd straight month

November 2014 cash sales fell 2.7% year-over-year
Ben Lane
The drop from 2013’s total of cash sales marks the 23rd straight month that the amount of cash sales has fallen year-over-year. November’s figure did rise slightly from October’s total of 35.5%, but CoreLogic notes that an increase in cash sales is typical in the fall and winter months.
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Fannie Mae: Collateral Underwriter not disrupting appraisals

Appraisers need to see it in action
Brena Swanson
Before appraisers decide to shoot down any positive side to Fannie Mae’s Collateral Underwriter, Fannie said that they need to see it in action. In an exclusive interview with HousingWire, the enterprise explains its true goals behind the launch and how they will benefit the industry.
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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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