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Ocwen Enters Deal with OneWest to Buy $78B in MSRs 14 Jun 2013 | 08:51 pm
Ocwen Loan Servicing, a wholly owned subsidiary of Ocwen Financial Corporation, has entered into an agreement to purchase $78 billion in mortgage servicing rights (MSRs) from OneWest Bank. According t...
Report: Mortgage Rates Too Low to Add Serious Threat to Recovery 14 Jun 2013 | 08:31 pm
The recent rise in mortgage rates is not enough to pose any real threat to the housing recovery, but that's not to say the increase doesn't come with any risk, according to a recent analysis from Capi...
Foreclosure Sales in West Down in May; Likely to Increase in June 14 Jun 2013 | 07:12 pm
Foreclosure sales decreased in all five Western states tracked by PropertyRadar--Arizona, California, Nevada, Oregon, and Washington--over the month of May. PropertyRadar attributes the decreases in f...
Fannie Mae: Economy on Path to Normal Growth 14 Jun 2013 | 06:49 pm
The recovery should pick up the pace as it heads into the year's second half, according to Fannie Mae's Economic & Strategic Research Group. Based on data for Q1 and predicted numbers for Q2, Fannie M...
Auction.com Adds Online Research Center 13 Jun 2013 | 11:48 pm
Auction.com announced the launch of an online market research division. The Auction.com Research Center provides a range of free reports based on macro, commercial, and residential research.
Mortgage Master Opens 7th Connecticut Location 13 Jun 2013 | 11:14 pm
Mortgage Master, one of the nation's largest privately owned mortgage companies, announced the opening of a new retail branch location to serve Connecticut's Greater Hartford area.
FHFA: GSEs Rated as ‘Critical Concerns’ in 2012 Report to Congress 13 Jun 2013 | 10:40 pm
The Federal Housing Finance Agency (FHFA) labeled Fannie Mae and Freddie Mac as critical concerns in the composite rating category for 2012. The assessment, which was part of the agency's fifth annual...
Inventory Situation Improves in June Compared to Start of 2013 13 Jun 2013 | 09:38 pm
While the number of for-sale listings nationwide remains down from last year, June saw a promising lift compared to the start of this year, Zillow revealed in a new report. The overall number of listi...
Inventory Situation Improves in May Compared to Start of 2013 13 Jun 2013 | 09:38 pm
While the number of for-sale listings nationwide remains down from last year, June saw a promising lift compared to the start of this year, Zillow revealed in a new report. The overall number of listi...
Freddie Mac: Fixed Rates Climb, 30-Year Close to 4% 13 Jun 2013 | 09:32 pm
Mortgage rates continued to climb this week, but the near-term future is going to depend on how the Federal Reserve reacts. According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed...
