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Ocwen Fails Two National Mortgage Settlement Tests
Ocwen Financial Corp. was faulted by the federal monitor of the National Mortgage Settlement (NMS)...
Zillow: Negative Equity in 12.1 Percent of Q2 Mortgaged Homes
Negative equity continues to be an equal opportunity challenge, impacting 13.7 percent of...
CFPB Amends Servicer Rules
The Consumer Financial Protection Bureau (CFPB) has finalized new measures to ensure that...
Mortgage Servicers Urged to Enhance Customer Experiences
Mortgage servicers that make the customer experience a priority will reap the benefits in profits...
Combining Hardest Hit Funds With Existing Refi Programs Can Help Millions of Underwater Homeowners
There are five existing refinance loans available for underwater homeowners that allow for: New...
CFPB Takes Aim at Servicers
The Consumer Financial Protection Bureau (CFPB) has released a special edition supervision report...
Mixed News in Today’s Housing Market
There was good news and not-so-great news in this morning’s residential market data reports. First...
OCC Ends Servicing Order on Wells Fargo
The Office of the Comptroller of the Currency (OCC) has announced the conclusion of its mortgage...
Treasury Releases $1B from Hardest Hit Fund
The Department of the Treasury has announced the final allocation from the Hardest Hit Fund, with $...
Fitch: Servicers Not Seeing ATR Borrower Claims
Two years after the Ability-to-Repay (ATR) rule was forced on the industry, residential mortgage...
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