Fitch Expects to Rate Citigroup mortgage loan Trust 2015-A
Fitch Ratings expects to rate Citigroup mortgage loan Trust 2015-A as follows:
PennyMac Mortgage Investment Trust Declares First Quarter 2015 Dividend
The Board of Trustees of PennyMac Mortgage Investment Trust declared a cash dividend of $0.61 per common share of beneficial interest for the first quarter of 2015. Thi
Unlicensed Syndicated Mortgage Brokering Activity
Unlicensed Syndicated Mortgage Brokering Activity
Ocwen rejects allegations of poor mortgage servicing practices
Ocwen Financial Corp rejected allegations of poor mortgage servicing practices and said on Monday that it had sent a letter to trustees of 119 mortgage pools, arguing that it should not be removed as a servicer. Investors including BlackRock Inc and Metlife Inc sent a notice to Ocwen and the trustees in January, alleging improper loan modification practices, wrongfully recouped advances, and a …
Ocwen says should not be removed as servicer on mortgage pools -WSJ
Ocwen Financial Corp has rebutted allegations that the company was responsible for poor mortgage-servicing practices and argued it should not be removed as a servicer on mortgage pools, the Wall Street Journal reported. The company, which had earlier said the allegations made by a group of large mortgage investors were false, has sent a letter to the trustees who will now decide whether to …