Fitch: U.S. Mortgage Servicing Pendulum Shifting Back to Banks
Recent fallout surrounding Ocwen Loan Servicing LLC is bringing U.S. banks back in greater numbers to the market as buyers of mortgage servicing rights , according to Fitch
Capsilon Survey Reveals That 41 Percent of Lenders are Not Prepared to Meet August 2015 TILA-RESPA Requirements
41 percent of mortgage lenders report that they are not prepared to meet the August 2015 Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disc
Ocwen to sell servicing rights on $45 bln of Fannie Mae loans
Mortgage servicer Ocwen Financial Corp said it would sell residential mortgage servicing rights on $45 billion of Fannie Mae loans to an undisclosed buyer, sending its shares up 5.5 percent in extended trading. The announcement comes a week after Ocwen said it would sell servicing rights on $9.8 billion of loans backed by Freddie Mac to Nationstar Mortgage Holdings Inc, as part of a strategy to …
Study shows consumers spend too little time mortgage shopping
Most buyers apply to only one lender.
Ocwen to sell $9.8 bln in mortgage service rights to Nationstar
Mortgage servicer Ocwen Financial Corp said it would sell a portfolio of residential mortgage servicing rights worth $9.8 billion to Nationstar Mortgage Holdings Inc. Ocwen's shares were up 7.3 percent at $10.30 in premarket trading on Monday. The portfolio comprises about 81,000 performing loans owned by government-controlled mortgage finance firm Freddie Mac . The U.S. Federal Housing Finance …
Mortgage Servicer Ocwen Financial Is Crashing
Shares of mortgage servicing company Ocwen are…
30-Year Fixed Mortgage Rates Remain at 19-Month Low; Current Rate is 3.57%, According to Zillow Mortgage Rate Ticker
SEATTLE — The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.57 percent, down one basis point from this time last week. The 30-year fixed mortgage rate hovered around 3.64 percent, …
The $25,000+ mortgage mistake nearly half of borrowers make
If you don’t shop around for a mortgage, you’re probably leaving free money (and a lot of it) on the table.