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News, Page 31

Invesco Mortgage Capital posts 4Q loss

On a per-share basis, the Atlanta-based company said it had a loss of 64 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to 49 cents per share. The results exceeded Wall …

Goldman warns of federal lawsuit risk over mortgage bond sales

Goldman Sachs Group Inc said it could face a federal civil lawsuit after a government probe concluded that the bank had violated laws related to sale of residential mortgage-backed securities before the financial crisis. The bank said in a regulatory filing on Monday that it received a letter from the U.S. Attorney for the Eastern District of California in December in connection with the probe …

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 …