The former Walter Investment Management has seen a virtual revolving door of chief executives over the last two years – but the board chairman says the new interim CEO is a ‘seasoned turnaround professional’
The Texas representative said the FHFA’s policy on the payments was “deeply troubling”
The U.S. Justices gave struggling home owners more ability to cancel their mortgages if lenders don’t provide the required disclosures -- a setback for the mortgage industry.
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.