Daily Dose

Ocwen Financial has re-initiated its two-year-old stock repurchase program after a nine-month suspension, according to an 8-K filing with the Securities and Exchange Commission.

A new article from Credit.com suggests that when given a choice between different types of debt, fewer consumers take out home mortgages and are much more likely to carry other kinds of debt.

The housing downturn tested the mortgage industry. Pacific Union Financial, LLC, rose to the challenge and found its own niche in the marketplace. Editor's note: This select print feature appears in the November 2015 edition of MReport magazine, available now.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Jeannie Smith, Loan Officer and VP of Sales at Guardian Mortgage discusses opening the credit box for millennials, and how this will help the mortgage industry move more millennials from renters to homeowners.

The tightened credit box routinely blamed for curtailing a full-blown housing recovery turned a corner in the second half of 2015, with Quicken Loans reporting originations to borrowers with credit scores as low as 580.

The restructuring of mortgage servicing shops continues with Wells Fargo confirming Monday that the bank is moving approximately 350 home loan servicing members out of its offices in Charlotte, North Carolina.

When it comes to customer service, responsiveness, mortgage rates and closing costs, HomePlus Mortgage ranked first in a poll of loan customers conducted by online lending marketplace LendingTree.

The Federal Housing Finance Agency announced Wednesday that Freddie Mac and Fannie Mae's maximum conforming loan limits will be largely unchanged in 2016, except some higher-priced counties.

The best U.S. cities for watching home price inflation appear to be concentrated along the West Coast, a new report from data services firm Pro Teck says.

Home prices nationwide rose 1.3 percent in the third quarter due to historically low interest rates, tight inventories, confident buyers, and higher incomes.