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Impac Mortgage Holdings, Inc. Announces Year End 2014 Results

Impac Mortgage Holdings, Inc. announces the financial results for the year ended December 31, 2014. For the year ended 2014, the Company reported a net loss of $6.3 million or $ per diluted common share, as compared to a net loss of $8.2 million or $ per diluted common share for the year ended 2013.

Ocwen refutes allegations of poor mortgage servicing practices

Ocwen Financial Corp refuted allegations of poor mortgage-servicing practices and said on Monday that it had sent a letter to trustees of 119 mortgage pools, arguing that it should not be removed as a servicer. Investors including BlackRock Inc and Metlife Inc sent a notice to Ocwen and the trustees in January, alleging improper loan modification practices, wrongfully recouped advances, and a …

Ocwen says should not be removed as servicer on mortgage pools -WSJ

Ocwen Financial Corp has rebutted allegations that the company was responsible for poor mortgage-servicing practices and argued it should not be removed as a servicer on mortgage pools, the Wall Street Journal reported. The company, which had earlier said the allegations made by a group of large mortgage investors were false, has sent a letter to the trustees who will now decide whether to …

Mortgage Express appoints new advisor in Auckland

Mortgage Express announces the recent appointment of Fay Cheng, joining the team of Auckland-based Mortgage Advisors. Originally from China, Fay arrived in Auckland in 2002. “I offer my clients, not only expert mortgage advice, but sound financial planning and an all-round, in-depth understanding of their financial situation,” says Fay. Based in Auckland, Fay is no stranger to the real estate …