An appeals court ruled in favor of Ocwen, finding that statements made by company officials were mere puffery that investors should not have relied on.

HUD has rescinded a controversial rule on downpayment assistance. The withdrawal follows allegations HUD violated an injunction order.

HUD has made it easier for condo projects to qualify for FHA financing. But an analyst warned the move may not produce the desired results.

Ginnie Mae said it will require MBS servicers with at least $25.0 billion worth of contracts to obtain an external primary servicer rating.

Mortgage M&A activity is on the light side these days. The reason: Home lenders are too busy originating new loans and reaping the profits. Unless rates spike, the situation is unlikely to change.

Ocwen Financial posted another losing quarter, with new challenges: De-clining interest rates and a massive amount of debt coming due.

VA has issued guidance on how statutory standards for loan seasoning, fee recoupment and net tangible benefits affect guarantees on IRRRLs.

After acquiring a mortgage lender, Zillow planned to expand originations. However, issues with technology have slowed its hiring plans.

The FHFA issued a new rule that potentially paves the way for new competitors to the classic FICO model. VantageScore is happy but will other vendors jump into the credit scoring pool?

An appeals court has overturned convictions in a fraud case involving mortgage units of two banks, noting that the charges levied were wrong.