The close relationship between the mortgage services firm and Ocwen has long been a source of regulatory scrutiny
The governor of Maine has proposed legislation that could bring elderly residents foreclosure relief through reverse mortgages
JPMorgan agreed to a landmark payout Tuesday to resolve claims against its sales of mortgage-backed securities.
Existing-home sales dropped in October, and industry experts say that to reverse the trend, borrowers need more credit access and inventory needs to increase.
Prosecutors say two former mortgage brokers scammed loan money from investors but never paid borrowers.
Standard & Poor’s couldn’t get a judge to agree last week to throw out a lawsuit filed against it by the California attorney general, who seeks to hold the company to account for $1bn in losses by state pension funds.
A new rule that would require simplified mortgage paperwork reportedly won’t include an exemption for small lenders.
After weeks of often tense negotiations, the nation's biggest bank appears ready to sign an agreement to settle claims it sold shoddy mortgages to investors.