Ocwen Financial Corp., recently announced that current independent director Phyllis R. Caldwell will replace Barry N. Wish as Chair of the Company’s Board of Directors.

First Guaranty Mortgage Corporation, a Virginia Corporation, providing residential mortgage lending services for over 25 years, has appointed correspondent lending sales veteran, Tom Davis to be its National TPO Sales Director.

Since the crisis the housing industry has been consistently expanding, but when the pace of growth lost a large amount of momentum in the final quarter of last year, on top of economists' predictions of slow growth, many in the industry are questioning if the expansion is beginning to expire.

Did former FHA Commissioner and Assistant HUD Secretary David Stevens, now MBA President and CEO, violate two separate statutes banning him from having contact with officials from his former agency?

With the regulatory turbulence of 2014 largely behind them, Ocwen still had a tough year financially in 2015.

While much of the mortgage industry has shown substantial recovery since the housing crisis, there are some markets still lagging behind. In these weak housing markets, there are many rehabbed properties that are being valued for less than they are worth simply due to the state of the real estate market.

Scott Pickell, VP and Chief Appraiser at LRES explains to MReport what is happening to appraisers in the mortgage industry, challenges they face, and how the problem can be solved

While winter months typically provide an expected seasonal cooling of the housing market, there are two other pressing factors in the equation that are keep buyers out of the market.

Computershare recently announced that it has signed an agreement to acquire Denver, Colorado-based Altavera Mortgage Services, LLC.

Castle & Cooke Mortgage, LLC, an independent mortgage lender with 44 locations across the United States, recently announced the expansion of its footprint in Utah with the opening of its ninth branch in North Salt Lake.