The mortgage servicing giant is not having a good week
Ocwen couldn’t catch a break Thursday; immediately after more than 20 states hit the servicer with enforcement orders, the CFPB announced it was suing the company
The mortgage market is already preparing itself for the central bank’s eventual rate hikes, with mortgage rates hitting a nine-month high but originators shouldn’t fret.
It may be a bit tongue in cheek, but one Time piece is calling for America’s recession to be forever memorialized in one specific state he believes contributed the most to the downturn.
The introduction of the FHA 203(k) renovation loan had many clients wary of just what they were getting into – but those lenders who bought into the program from the start are today singing its praises.
Home builders are more confident in the housing market than they’ve been in nearly a decade.
Mortgage applications for new homes increased in June… Builder confidence hits 10-year high…‘Salem’ duo buy Hollywood home… Mortgage rates higher amid bond market volatility…
One big bank’s quarterly results confirm what many had already feared – that smaller players are likely losing out to their larger counterparts in one very valuable mortgage market segment.