Journal

Ocwen Financial Corporation, an Atlanta-based financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation, a mortgage platform with established servicing and origination recapture capabilities, for approximately $360 ...

On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some of the headwinds the U.S. economy faced in previous years ...

The Federal Reserve Bank of New York recently reported that student loan debt had increased by $21 billion in Q4 2017. U.S. student debt currently totals around $1.4 trillion, with the average student in 2017 owing $37,172. Student loan debt ...

The cryptocurrency landscape is something of a wild frontier at the moment, with new cryptocurrencies being introduced all the time. Bitcoin is by far the best known of them, but even Bitcoin’s long-term legacy remains unwritten, to say nothing of ...

Dodge Data and Analytics has released its latest data on construction starts, showcasing stats for the month of January 2018. Among the noteworthy data points: a spike-in single-family housing starts in the Northeast region, even as the rest of the ...

California-based Carrington Mortgage Holdings has announced that Rick Sharga has rejoined the company as an EVP. In this role, Sharga will serve as the primary spokesman for Carrington, and will be responsible for public relations and communications, as well as ...

Freddie Mac has released its February Insight report, which “looks into the effects of higher mortgage rates on home buyers, homeowners wishing to refinance, mortgage lenders, home builders and real estate agents.” For this latest Insight report, Freddie Mac economists ...

The National Association of Realtors will release its Pending Home Sales Index at 10 a.m. on Wednesday, February 28. The Pending Home Sales Index tracks sales of existing homes in which a contract has been signed, but the deal is ...

The Bethesda, Maryland-based law firm of Rosenberg & Associates, LLC has announced that attorneys Megan Hirt and Nathan B. Greyard recently joined the law firm as associate attorneys in the firm’s Vienna, Virginia office. Megan Hirt holds Bachelor of Arts Degrees ...

Jacksonville, Florida-based Black Knight Inc. announced today that Rushmore Loan Management Services LLC, a multi-faceted residential mortgage servicer and lender located in Irvine, California; Dallas, Texas; and San Juan, Puerto Rico, has signed a renewal agreement for LoanSphere MSP, Black ...