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
Mortgage applications jumped by almost 50% last week after taking a dive during the last weeks of 2014.
Senior citizens have more equity in their homes than at any period since the financial crisis, giving rise to reverse mortgage potential.
America's largest bank reported a drop in revenue as legal expenses weighed it down. Meanwhile, its mortgage activity in the fourth quarter was mixed.
Portfolios of the largest U.S. RMBS servicers have seen little change of late, though that could change in 2015, according to Fitch Ratings.
This state department is accusing the servicer of defying requests for information showing it complies with laws protecting homeowners.
Americans may be spending more time shopping for clothes than a mortgage according to a new report from the regulator, which also released a new "unbiased" tool to help consumers shop for a mortgage.