In February, Ocwen announced that it was acquiring PHH. Now, it's bringing on the company's former top exec
The proposal would require the CFPB director to issue guidance for compliance with consumer finance laws
The controversial practice of intentionally walking away from a home encumbered by negative equity or an upside-down mortgage has been particularly damaging for the two government-sponsored mortgage entities, Fannie Mae and Freddie Mac.
United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 49 states, announced that it grew its residential lending volume from $1.245 billion in Q2 to $2.019 billion in Q3, representing a 62 percent increase.