Subprime Servicing

Browse articles from all of our Newsletters related to Subprime Servicing.

April 14, 2017 - Inside Nonconforming Markets

Average Jumbo Mortgage Interest Rates and Mortgage Performance

A page of jumbo data and the performance of non-agency mortgage-backed securities.


April 14, 2017 - Inside Nonconforming Markets

Ocwen Looks Forward, Emphasis on Compliance

With the potential for restrictions placed on Ocwen Financial to be removed in the near future, officials at the nonbank stress that Ocwen has transformed compared with when the restrictions were applied. Near the end of 2014, Ocwen agreed to a $150.0 million settlement with the New York Department of Financial Services. Among other provisions, the settlement required Ocwen to meet certain benchmarks and receive approval from the state regulator before acquiring ...


March 31, 2017 - Inside Nonconforming Markets

Average Jumbo Mortgage Interest Rates and Mortgage Performance

A page of jumbo data and the performance of non-agency mortgage-backed securities.


March 31, 2017 - Inside Nonconforming Markets

News Briefs

Ocwen Financial announced that it signed an agreement with the New York State Department of Financial Services this week to terminate the state regulator’s third-party operations monitor at Ocwen on April 14. Ocwen said the agreement provides a path for the nonbank to receive approval from the NYDFS to resume acquiring mortgage servicing rights. The Structured Finance Industry Group is preparing the next phase of its effort to revive the non-agency ... [Includes two briefs]


March 17, 2017 - Inside Nonconforming Markets

Average Jumbo Mortgage Interest Rates and Mortgage Performance

A page of jumbo data and the performance of non-agency mortgage-backed securities.


Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

24%

30% to 49%

14%

Under 30%

14%