More legal headaches for Ocwen? Looks that way...

Fair housing groups continue to press allegations that Bank of America has neglected foreclosed homes and created eyesores in African-American and Latino communities in more than 200 cities. The National Fair Housing Alliance, along with nine local fair housing organizations, filed an amended federal complaint against BofA last week. In the complaint they added a number of neighborhoods in six additional cities where investigations revealed foreclosed homes that have not been properly maintained. This brings...

For depositories, the data generally show more overall scrutiny from the CFPB as well…

Almost 53 percent of the loans in the bond are non-qualified mortgages and many of the rest are higher-priced QMs…

JPM, though, relies heavily on correspondent loan purchases to gather loans while Quicken bills itself as a direct-to-consumer/retail lender.

FBR & Co. raised its estimate on residential loan production for 2016: $1.90 trillion for 2016...

One agent noted: “Consumers around the country continue to receive inaccurate information at the closing table about their title insurance costs...”

Kingstown is known as a value-oriented hedge fund, with roughly $1.5 billion of assets under management.

IMA’s Piercy noted that deals can get done – as long as the seller is realistic about pricing.

IU’s Tim Pagliara owns roughly 346,000 shares of Freddie’s junior preferred stock, according to court documents.