By Karen Freifeld NEW YORK (Reuters) – Major mortgage bond investors including BlackRock , MetLife and Pimco on Friday took a first step toward suing Ocwen Financial Corp , accusing it of having failed to properly collect payments on $82 billion of home loans, according to a person familiar with the matter and to documents seen by Reuters. The group sent a formal notice of non-performance to …
Canyon Partners is paring its bullish investments in the mortgage-bond market after the hedge fund made about $7 billion in the past decade capitalizing on opportunities leading up to and following the financial crisis.
Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates falling again amid declining bond yields and oil prices. Averaging 3.63 percent, the …
Just under half of all states are judicial. However, in terms of delinquencies, the majority of the leaders are judicial states.
Ellie Mae® , a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced that Bill Cosgrove, curren
Fitch Ratings expects to rate Sequoia Mortgage Trust 2015-1 as follows:
Building on the huge momentum two weeks ago, mortgage application volume jumped further last week, up 14.2 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA).
Mortgage application volume have increased 14.2 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA).
But the Central Bank could relax its rules for first-time buyers.
The average person with a mortgage in Shawnee County backed by one federal agency would save about $500 annually under a plan to reduce mortgage insurance fees, according to RealtyTrac.