A group of housing organizations sent a letter this week addressed to multiple officials regarding mortgage relief options. In the letter, the organizations ask for their leadership to prevent further devastation in communities that were hit by natural disasters.
Read More »Amazon’s Prime Place
More than 200 U.S. cities are wooing the Seattle-based retail giant in hopes of being home to its second headquarters. (Read: 50,000 new local jobs). Which one has the best chance of being crowned victorious?
Read More »Results are in: How Ocwen Performed in Q3
On Thursday, Ocwen Financial Corporation announced operating results for Q3 2017. The company recorded a net loss of $6.1 million, which amounts to $0.05 per share for three months prior to their September 30, 2017 end date. This figure is ...
Read More »President Trump Nominates Jerome Powell as Fed Chair
President Donald Trump announced today that Jerome Powell, a Federal Reserve board governor who previously worked as a private-equity executive, as Fed Chair to succeed Janet Yellen.
Read More »A Look Inside Caliber Home Loans’ Portfolio
According to a recent announcement, Fitch Ratings has affirmed Texas-based Caliber Home Loans’ U.S. RMBS servicer ratings and outlook. Overall, the report reveals that Caliber's portfolio has experienced relatively high growth over the past three years, "primarily from acquisitions and ...
Read More »Fed Retains Rate … For Now
The Federal Reserve has opted not to change its key interest rate. But insiders and others who are in-the-know say that’s likely to change sooner than later.
Read More »Mortgage Data Protection Efforts
Board Treasurer of the National Association of Federally-Insured Credit Unions testified on Wednesday before the Subcommittee on Financial Institutions to propose potential solutions Congress can take to protect credit unions from the fallout of data breaches.
Read More »Foreclosure Prevention Efforts in Effect
There are roughly 60,000 homes behind on their property taxes in Detroit, Michigan. Many of these homeowners may qualify for a full or partial property tax exemption—families facing financial hardship, residents living in poverty, and disabled veterans may be eligible ...
Read More »Hidden in Plain Sight
Certainly, no one on the planet aims for anything short of squeaky-clean credit. The reality, however, is that nearly half of Americans wrestle with serious money woes, making securing mortgages and purchasing houses very nearly impossible. In fact, PYMNTS has ...
Read More »Looking Back: Hensarling’s Announcement to Impact the Industry
U.S. Rep. Jeb Hensarling (R-Texas), who currently chairs the Financial Services Committee, announced Tuesday that he will not seek re-election in 2018. "Today I am announcing that I will not seek re-election to the US Congress in 2018. Although service in ...
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