Headlines

Why have borrowers been passing on favorable opportunities to refinance to lower their mortgages to the lower rates available?

Why have property managers in SFR securitizations been steadily increasing rents more for renewals than for new tenants for vacant properties over the past two years?

Ocwen Financial Corp., recently announced that current independent director Phyllis R. Caldwell will replace Barry N. Wish as Chair of the Company’s Board of Directors.

First Guaranty Mortgage Corporation, a Virginia Corporation, providing residential mortgage lending services for over 25 years, has appointed correspondent lending sales veteran, Tom Davis to be its National TPO Sales Director.

The National Legal and Policy Center is asking the Attorney General for the District of Columbia and the HUD Inspector General to investigate the conduct of MBA President and CEO David Stevens.

For the most part, when being investigated over their pre-crisis residential mortgage-backed securities practices, the nation’s largest banks have come out having to pay billions of dollars in settlements and penalties.

Freddie Mac began its credit risk transfer sharing initiatives in 2013 as a way to transfer a portion of the risk on residential single-family mortgages to private investors and away from taxpayers.

Mortgage Contracting Services, LLC (MCS) has announced that it will be relocating its corporate headquarters to Lewisville, Texas, about 20 miles to the west of the current location of the headquarters in the North Dallas suburb of Plano, Texas.

With the regulatory turbulence of 2014 largely behind them, Ocwen still had a tough year financially in 2015.

The January employment summary reported approximately half of the monthly job gains than in the previous three months. Will February's report be solid enough to convince the Fed to raise rates again in March?