It’s believed that one of the “pieces” the new owner planned to spin off was Xome, a real estate vendor that works with consumers…

PHH’s common once traded as high as $28 a share, Ocwen $58 a share. Today they trade for $10.50 and $3.50, respectively…

“But HUD is doing the right thing here,” said Rob Moore, a senior policy analyst at the Natural Resources Defense Council.

A few years back, Pinto and AEI unveiled a new mortgage product called the Wealth Building Home Loan, which was intended to provide an affordable mortgage option for low- and middle-income borrowers.

Delinquencies on mortgages largely continue to decline, with strong performance expected ahead. But housing counselors look to be staying busy with an increased emphasis on issues facing potential homebuyers. One factor contributing to improving mortgage performance but hurting affordability is home price appreciation. House prices increased by 6.7 percent on an annual basis in 2017, according to the Federal Housing Finance Agency’s home price index. From the ...

Acting Ginnie Mae President Michael Bright: “If they don’t have money to make principal and interest payments to investors every 20th day of the month, then Ginnie MBS are in trouble.”

Two years ago, Nationstar Mortgage subserviced just $22 billion in loans. Today the figure is...

Ocwen disclosed this warning: “Non-compliance with the laws and regulations of India or the Philippines could result in restrictions on our operations in these countries, fines, penalties or sanctions or reputational damage.”

Loans in Tennessee account for the largest portion of the portfolio at 28 percent…

At last check, Fannie common was selling for $1.62 a share, Freddie $1.57.