Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S

Items Tagged with 'Home Affordable Refinance Program'

ARTICLES

Is Nationstar downgrade an alarm for nonbank mortgage servicers?

The future looking tough
Brena Swanson
The future for nonbank mortgage servicers looks tough as earnings for the sector are forecast to trend down, driven mainly by three industry headwinds.
Read More

WATCH: FHFA Director Watt ensures HARP is "not a scam”

800,000 families still eligible for HARP
Brena Swanson
There are still 800,000 families nationwide that could benefit from the Home Affordable Refinance Program, but many of the eligible consumers left are staying out of the market due to fear.
Read More

HARP to extend until 2016?

Falls in line with HAMP
Brena Swanson
At the end of June, U.S. Treasury Secretary Jacob Lew announced the extension of HAMP until at least Dec. 31, 2016. Now there is debate over whether or not the same extension will be applied to HARP.
Read More

FHFA: Are you eligible for HARP?

Chart shows massive amount of eligible borrowers left
Brena Swanson
In the first quarter of 2014, the number of mortgages refinanced through the program was 76,930. Meanwhile, in the state of Florida alone, there are 82,435 loans eligible for HARP now. But the FHFA is quickly shifting into overdrive to change this.
Read More

3 million refis and counting

The Home Affordable Refinance Program passes a milestone
Brena Swanson
Demand for the Home Affordable Refinance Program continued to trickle as mortgage rates climbed higher after June 2013. But just how much did this affect refinance volume in 2013?
Read More

Is Obama even going to talk about housing reform tonight?

Don't get your hopes up ...
Kerri Ann Panchuk
Whenever President Obama gives a major speech – such as tonight’s State of the Union address – housing analysts wonder if this will be the year when the president finally puts housing and mortgage finance issues center stage, declaring bold and brave new initiatives on the housing front. But don't get your hopes up. It remains one of the more ignored issues of our time.
Read More

HARP refinances fall amid rising rates

200,000 homeowners refinanced through HARP in 3Q
Brena Swanson
Total refinance volume, including refinances through the Home Affordable Refinance Program, dipped in the third quarter of 2013 as rising rates muffled growth.
Read More

FHFA leadership shift could impact HARP eligibility

Various coupons at-risk of change
Kerri Ann Panchuk
With Sen. Harry Reid, D-Nev., changing the voting threshold in the Senate for new presidential appointments, analysts are prepping investors for changes in HARP-eligibility requirements.
Read More

Falling rates boost HARP-refi demand

Two million borrowers remain HARP-eligible
Brena Swanson
More than two million homeowners remain eligible for the government's Home Affordable Refinance Program, making them a significant share of the market as refi volumes drop.
Read More

The great MSR sell-off continues

MountainView Servicing markets $2.1B in Fannie, Ginnie MSRs
Kerri Ann Panchuk
Advisory firm MountainView Servicing Group went public Wednesday to market two mortgage servicing rights portfolios valued at $2.1 billion.
Read More