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
Fay Servicing’s Loren Morris Discusses Managing Compliance at SourceMedia’s Mortgage Servicing Conference
Fay Servicing, a residential mortgage special servicer, announced that the company’s general counsel and chief compliance officer, Loren Morris, will be speaking on a panel titled,
Ocwen Financial (OCN) Stock Climbing Today Following Mortgage Servicing Rights Sale
NEW YORK (TheStreet) — Shares of Ocwen Financial Corp. are climbing, higher by 3.75% to $9.96 in midday trading Monday, following the company's announcement from earlier today that it signed an agreement in principle to sell its mortgage servicing rights to non-bank residential mortgage servicer Nationstar Mortgage Holdings Inc. . Ocwen Loan Servicing will sell its $9.8 billion portfolio of …
Altisource to Showcase Technology Innovation for the Mortgage Industry with Sponsorship at MBA Servicing Conference
Altisource Portfolio Solutions S.A. , a leading provider of mortgage, financial and technology services for the real estate industry, today announced its sponsorship of the Mortgage Bankers Association’s National Mortgage Servicing Conference & Expo 2015 including a high-profile presence at the event’s Networking Lounge within the exhibition hall throughout the duration of the conference.