Ocwen’s Chief Compliance Officer, Michael Hollerich, sat down exclusively with MReport to discuss compliance trends in the mortgage industry and how the nonbank servicer is creating a revitalized culture of compliance.
Read More »The Week Ahead: Will Higher Rates Discourage Mortgage Applicants?
Mortgage interest rates have continued to decline to historical lows and have not motivated buyers to apply for a mortgage loan, but for the first time in two months, mortgage interest rates have moved up. Will this drive potential homebuyers further away from the housing market?
Read More »What the Mortgage Industry Needs to Know About Housing This Year
Between regulations, potential rate hikes, and the upcoming election, the mortgage industry will have plenty to focus on throughout the year. Dr. Umit Gurun, a Professor of Accounting and Finance at the Naveen Jindal School of Management at University of Texas at Dallas, provides MReport with insight on what the housing market picture may look like for the rest of the year.
Read More »5 Ways Mortgage Service Providers are Changing the Way they do Business
Nationwide Title Clearing CEO, John Hillman, discusses with MReport how research and document service providers and third-party providers are adjusting their business practices to meet the needs of mortgage companies.
Read More »Profit Margins Weighing Heavy on Lenders’ Minds
Slow household formation, mortgage demand, and compliance costs associated with new regulatory requirements are impacting lenders' business operations and profitability in the housing market.
Read More »Mortgage Rates Rise as Turbulent Financial Markets Settle Down
After two months of consecutive declines in mortgage interest rates Freddie Mac reported that they have finally moved upward amidst subsiding financial market turbulence.
Read More »Fannie Mae, Freddie Mac Deemed Private Companies by 9th Circuit Court
The Ninth Circuit Court of Appeals affirmed a decision by a lower court that Fannie Mae and Freddie Mac are "private companies." What will the ruling mean, if anything, for the pending lawsuits by GSE investors who claim the Net Worth Sweep is illegal?
Read More »Credit Unions Reel in Over $1 Trillion in Assets for Q4
Credit unions performed extremely well in the fourth quarter of 2015, with the highest share growth since 2009, strongest loan growth in 10 years, and the highest rate of member growth in 30 years.
Read More »Not Cold in the Winter: Here are the Hottest Markets for Single-Family Housing
Based on the best combination of rising home prices, favorable affordability, and strong demand mixed with demographic and economic conditions that suggest strong future demand for housing, where are the hottest single-family housing markets located?
Read More »Citi Homeowners Lose Mortgage Modification Appeal Suit
Citigroup Inc., recently received a victory in an appeals for a case involving homeowners allegedly not receiving the agreed-upon terms in their mortgage modifications.
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