Capstead Mortgage Corporation announced today that it will pay a first quarter 2015 common dividend of $0.31 per common share on April 20, 2015 to stockholders of recor
Ocwen Financial Corp. will pay $2.5 million and hire outside accountants to settle a dispute with California, which had threatened to suspend the license of the mortgage payment collector and foreclosure specialist.
The average 30-year fixed-rate mortgage is close to 3.6 percent, a near rock-bottom low that???s more than a full percentage point lower than this time last year. And for many, refinancing could mean huge savings. In the words of ???Shark Tank???s??? Barbara Corcoran:?????Money???s on sale.???…
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co has agreed in principle to settle class action litigation arising from Bear Stearns' sale of $17.58 billion of mortgage securities that proved defective during the recent U.S. housing and financial crises. The largest U.S. bank, which bought Bear in 2008, will pay roughly $500 million to investors led by a group of pension funds, a …
A New York mortgage company has agreed to a $36 million judgment and its former president will pay $300,000 to resolve civil claims that they defrauded the federal government into insuring poor quality …
Stonegate Mortgage and Stonegate Direct, a new division of Stonegate Mortgage Corporation , announced today that they will create more than 175 jobs in Orange County, exp
Capstead Mortgage Corporation announced today that it will pay a fourth quarter 2014 common dividend of $0.34 per common share on January 20, 2015 to stockholders of re
Capstead Mortgage Corporation announced today that it will pay a fourth quarter 2014 common dividend of $0.34 per common share on January 20, 2015 to stockholders of re
In general, mortgage delinquencies fell to 5.4% due to home price improvements and clearing foreclosure pipelines. The normal level before the housing bubble was between 4% and 5%.