Media

Ocwen Loan Servicing, a subsidiary of Ocwen Financial Corporation, and Green Tree Loan Servicing, for the sale by Ocwen of an Agency mortgage servicing rights portfolio with a total principal balance of $9.6 billion, according to an announcement from Ocwen on Wednesday morning. ...

A report released by Auction.com on Tuesday indicated that investors still prefer a fix-and-flip strategy for the properties they purchase despite rising rents and low vacancy rates in many markets. In its February 2015 Real Estate Investor Activity Report, Auction.com reported that ...

The Federal Housing Finance Agency issued a report detailing its progress on initiatives released in the 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and the 2014 Conservatorship Scorecard. The report highlights activities Fannie Mae and Freddie Mac undertook to maintain credit ...

The Federal Housing Finance Agency's case against two of the world's largest banks, Nomura Holdings and the Royal Bank of Scotland for allegedly misrepresenting the quality of mortgage-backed securities sold to Fannie Mae and Freddie Mac is scheduled to go to trial ...

Foreclosure statistics have been positive by and large for the last two to three years. Nearly all numbers have experienced across-the-board decreases as states are clearing out their backlog of foreclosed residential properties and the U.S. economy continues to recover ...

The Federal Reserve has instructed Bank of America to revise its capital plan by September 30, to address weaknesses in the bank's capital planning process, according multiple media reports on Wednesday. Bank of America stated in a press release on Wednesday ...

The nation's foreclosure inventory and number of completed foreclosures continued their steady downward spiral in January, according to CoreLogic's January 2015 National Foreclosure Report released on Tuesday. Foreclosure inventory took a plunge of 33.2 percent year-over-year in January, down to $549,000 compared to ...

While REO sales still had the largest share of all-cash home sales in December 2014, both the share of cash sales that are REO sales and the share of REO sales that are cash sales were down month-over-month, according to ...

Foreclosure starts reached their highest level in a year in January, but foreclosure completions are falling faster than the seriously delinquent loan rate – resulting in an across the board increase in foreclosure pipeline ratios, according to Black Knight's' January ...

A New York appeals court approved in full Bank of America's $8.5 billion settlement with investors over the packaging and selling of faulty residential mortgage-backed securities by its Countrywide unit in the run-up to the financial crisis, according to media ...