Ocwen Financial Corporation, a leading financial services holding company, announced on Thursday that President and CEO Ron Faris is retiring after 27 years with the company.

Through this partnership, the companies announced they will address the ever-growing challenges of manual data input from documents and exception management.

As head of Home Lending Retail, a newly created role, Hilzendeger will report to Michael DeVito, who was named Head of Wells Fargo Home Lending in January.

Moss has taken over the role effective March 19 and will work with Ross through April to ensure a smooth transition of responsibilities. Moss brings more than 25 years' experience in the financial services industry to the position.

Florida-based Black Knight, Inc. announced that Fannie Mae has signed an agreement to continue its use of the Default Management Reporting System (DMRS).

LenderLive Holdings, Inc., a mortgage services provider based in Denver, that Ian Morgan has been promoted to Chief Information Security Officer (CISO).

On Thursday, HUD Secretary Dr. Ben Carson announced new measures to protect the financial integrity of the department. "We simply need to do better. An updated system of internal controls ...

On Wednesday, the mortgage industry’s main oversight group asked for comments on amending rules created by Dodd-Frank Act.

New investor analysis is weighing the impact of last year’s tax legislation on residential mortgage credit performance, and non-mortgage consumer loans.

Unable to obtain affordable housing, prime-age workers are leaving San Francisco in droves. However, new housing solutions may help the city retain its tech talent.