In its ninth annual customer survey, QuestSoft, a provider of automated mortgage compliance software, reported that 99.4 percent of its customers expressed satisfaction with QuestSoft’s software, customer support and training following the annual deadline for submitting Home Mortgage Disclosure Act data.
Fitch Ratings has published a report on Nationstar Mortgage LLC. The report is available at 'www.fitchratings.com'.
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.
Mortgage servicer Ocwen Financial Corp said it would sell residential mortgage servicing rights on $45 billion of Fannie Mae loans to an undisclosed buyer, sending its shares up 5.5 percent in extended trading. The announcement comes a week after Ocwen said it would sell servicing rights on $9.8 billion of loans backed by Freddie Mac to Nationstar Mortgage Holdings Inc, as part of a strategy to …