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
Originations will continue to grow in 2015 – but with rates headed toward 5% next year, now is a good time for borrowers to refinance, according to an industry expert
Regulator says the Fed should not let the recent financial market turmoil affect the agency’s pledge to end its bond-buying program.
Yesterday was a big day for the NASDAQ and the stock market; the bond and mortgage markets held quite well given the strong equity market. Also, home sales were up 2.4% to 5.17 million units in September.
Our Lenders Wanted section connects originators with lenders who can fund tough-to-finance loans
The long-awaited finalization of the rule draws closer as half of the regulators in charge of writing it agreed on more relaxed mortgage lending standards today.
MBA officials challenge regulators to put an end to the “relentless cycle of penalties.”