Ocwen Financial Shrinkage Continues as NYSE Threatens Delisting
The sale of Ocwen's $25 billion mortgage-servicing portfolio to Nationstar is the second such transaction between the two companies. Ocwen insists its liquidity is sufficient.
Nasty surprise: When low mortgage rates come back to bite
Extremely low mortgage rates may be putting would-be homebuyers in a tough spot down the road when they're ready to sell, Zillow Chief Economist Stan Humphries warned on Tuesday.
Mortgage insurer exercising 'heightened vigilance' in Alberta real estate market
TORONTO – Mortgage insurer Genworth (TSX:MIC) is making changes to its underwriting practices in Alberta as it braces for an increase in delinquencies in the region.