Ocwen's regulatory burdens send up red flags and drive down stock price

Ocwen's regulatory burdens send up red flags and drive down stock price

Analysts lower price target, Citi drops buy recommendation

Activist investors critique Zillow, Trulia deal

Valuations skyrocket while earnings expectations have fallen

4 factors weighing down housing in the second half of 2014

Will housing collapse?

Items Tagged with 'Servicers'


Servicer differences cause RMBS cashflow volatility

Bondholder payment delays, investment shortfalls
May 15, 2014
Bondholder payments were delayed in a number of recent transactions due to differences in approaches between bank and nonbank RMBS servicers, Fitch Ratings says.
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Jim Foley named Caliber Home Loans Regional VP

Takes over Washington, D.C., Maryland and Virginia territories
February 13, 2014
Caliber Home Loans named Jim Foley as regional vice president for the Washington, D.C., Maryland and Virginia territories, who brings 29 years of experience in mortgage lending arena.
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HOPE NOW assists 768,000 borrowers in 2013

281,000 short sales completed last year
February 13, 2014
Approximately 768,000 homeowners received permanent, affordable loan modifications from mortgage servicers in 2013, according to HOPE NOW’s final 2013 loan modification data.
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HMDA reporting could always get better

CFPB strives to realign and simplify lender reporting
February 7, 2014
Over the past 35 years, a surplus of new regulations has shaped a completely different housing market, making the Home Mortgage Disclosure Act outdated. As a result, the Consumer Financial Protection Bureau set out to realign HMDA to present day needs.
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CFPB: Servicers still engaged in unfair or deceptive practices

Consumer bureau gets firms to pay $2.6M to settle issues with consumers
January 30, 2014
The Consumer Financial Protection Bureau says between July and October 2013, consumers who complained to the CFPB ended up receiving $2.6 million in payments from financial firms accused of engaging in poor servicing practices.
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Nationstar downgraded a notch

Origination headwinds shift early 2014 outlook
January 21, 2014
FBR Capital Markets remains confident in Nationstar, but as originations slow, it is lowering earnings per share estimates for the servicing giant.
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Private MIs focus on education as lenders adapt to QM world

Radian, United Guaranty offer educational seminars, resources
January 13, 2014
Lenders and servicers are not the only ones adjusting to the enactment of the qualified mortgage rule and new servicing guidelines, mortgage insurers also took it upon themselves to educate clients in the lending space over the past several months.
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FCI Lender Services raises its residential special servicer ranking

Company shows what it takes on the compliance side to get an upgrade
January 2, 2014
The company also received a ‘stable’ rating overall, with Morningstar crediting the servicer for enhancing its audit and compliance environment while maintaining a tenured management team and enhancing its risk-management methods.
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When mortgage servicing transfers make sense

Leaning on experts can improve outcomes
December 26, 2013
The performance of U.S. mortgages improved in the third quarter, the Office of the Comptroller of the Currency says. And while servicing transfers remain a concern for regulators, there is still a potential benefit from moving a home loan from one servicing shop to another.
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HousingWire’s most viewed stories of 2013

Forget compliance: Readers followed REITs, tax breaks on loan mods more closely
December 23, 2013
What news stories did HousingWire readers view the most in 2013? A look at page view data suggests REITs and tax breaks for borrowers in certain situations captured a majority of the attention.
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