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
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Items Tagged with 'Mortgage Bankers Association'

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From HW Magazine

The CFPB needs a regulator of its own

Why is it OK for the bureau to violate the standards it imposes on others?
Sarah Wheeler

Nothing reeks of hypocrisy more than the regulator ignoring regulations, but the CFPB has racked up plenty of violations in the last year. And we’re not talking about small, nitpicky examples, but instances that have real-life consequences. If a lender or servicer were to violate any of these standards, they could expect swift and harsh punishment from the CFPB.


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Mortgage Bankers Association adds 31 new members

See who joined the MBA in January
Ben Lane
The Mortgage Bankers Association announced that it welcomed 31 new members into its ranks in the month of January.
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Is self-servicing the future of mortgage servicing?

Thoughts on the future from MBA Servicing 2015
Ben Lane
Whether in the meeting rooms, in the hallways, or down on the expo floor of the Gaylord Texan, one of the main discussion topics at this year’s MBA Servicing conference has been the future of the mortgage servicing business. One trend that attendees are sure will continue is the migration of the mortgage process onto the web and servicers need to be prepared.
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MBA Servicing: Compliance hijacks the cost of servicing

Adapting means scaling up personnel, technology
Sarah Wheeler
A panel at the MBA Servicing Conference on containing the cost of servicing made one thing very clear — it's all about compliance.
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OSC launches Home Choice Complete

Tool addresses lender-placed insurance needs
Brena Swanson
OSC launched Home Choice Complete, a proprietary homeowners insurance product as part of its ongoing commitment to consumer advocacy.
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Google launches built-in mortgage calculator

Consumers will be able to calculate mortgage payments within Google searches
Ben Lane
Lenders who were unhappy with the Consumer Financial Protection Bureau’s new mortgage payment calculator will soon have a new target for their ire, Google. That’s because the Internet search monolith began very quietly rolling out a mortgage payment calculator of its own on Tuesday.
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MBA names Fowler Williams new chairman of Mortgage Action Alliance

President of Crescent Mortgage Company to lead lobbying network
Ben Lane
Williams, the president of Atlanta-based Crescent Mortgage Company, also serves Presidents’ Advisory Group for David Stevens, President and CEO of the MBA and the Customer Advisory Board of Freddie Mac.
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From HW Magazine

Senate flip

How much will Republicans actually do in the next two years?
HousingWire Staff
Some economists believe the Republican sweep of both the Senate and House will reduce gridlock, increase pro-business legislation, and perhaps even lead to tax and immigration reform. One thing’s for certain — Democratic efforts to raise the minimum wage are now dead in the water.
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Despite predictions, McLean Mortgage witnesses strong 2014 originations

Comes close to 2013 levels
Brena Swanson
Last year was forecasted to be a very tight year for mortgage originations. But that prediction didn't come true for everyone, with McLean Mortgage Corporation reporting strong levels that even came close to 2013's numbers.
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Mortgage Bankers Association adds 21 new members

Closes 2014 with strong growth
Ben Lane
See who joined the Mortgage Bankers Association in the month of December.
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