Ocwen Financial Corporation, an Atlanta-based financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation, a mortgage ...
Read More »Powell’s Congressional Testimony Backs Further Interest Rate Hikes
On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some ...
Read More »Carrington Welcomes Back Rick Sharga as EVP
California-based Carrington Mortgage Holdings has announced that Rick Sharga has rejoined the company as an EVP. In this role, Sharga will serve as the primary spokesman for Carrington, and will ...
Read More »How Could Mortgage Rate Upswings Impact Housing?
Freddie Mac has released its February Insight report, which “looks into the effects of higher mortgage rates on home buyers, homeowners wishing to refinance, mortgage lenders, home builders and ...
Read More »Rosenberg & Associates LLC Adds Two Attorneys
The Bethesda, Maryland-based law firm of Rosenberg & Associates, LLC has announced that attorneys Megan Hirt and Nathan B. Greyard recently joined the law firm as associate attorneys in ...
Read More »Rushmore Renews With Black Knight’s LoanSphere Servicing System
Jacksonville, Florida-based Black Knight Inc. announced today that Rushmore Loan Management Services LLC, a multi-faceted residential mortgage servicer and lender located in Irvine, California; Dallas, Texas; and San Juan, Puerto Rico, ...
Read More »Home Price Growth Slowing in Several Markets
Since the 2008 financial crisis, predicting where the housing market is headed next has become a game with very high stakes indeed. Tracking the interactions between home prices, ...
Read More »FHA Announces Expanded Mortgage Relief for Disaster Victims
The Federal Housing Administration (FHA) has provided additional relief to victims of the natural disasters that hit the nation in 2017. On Thursday, FHA announced expanded mortgage relief to FHA-insured ...
Read More »Treasury Doubling Down on Financial Crisis Mistakes?
Former White House Counsel and Senior Fellow in Financial Policy Studies at the American Enterprise Institute Peter J. Wallison put in an appearance Thursday on CNBC’s The Santelli Exchange, ...
Read More »Existing-Home Sales Hit Biggest Slump in Three Years
Existing-home sales dropped both month-over-month and year-over-year in January 2018, experiencing their largest annual decline in over three years, according to a report from the National Association of Realtors. NAR’s Existing-Home Sales calculations ...
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