by admin | Oct 27, 2014 | Latest News/Blog
By Ben Lane Things just keep going from bad to worse for Ocwen Financial (OCN). In just the last few days, the company has been the subject of a letter from New York Department of Financial Services Superintendent Benjamin Lawsky, which alleged that the company had...
by admin | Oct 24, 2014 | Finances
By: Jann Swanson The percentage of American homeowners a mortgage that was seriously underwater fell to 15 percent in the third quarter of 2014 RealtyTrac said on Thursday. There were 8.1 million properties with mortgages that met the company’s...
by admin | Oct 22, 2014 | Finances
By Author: Brian Honea A Wisconsin man once known as the “king of foreclosures” and his adult son were arrested at their home Monday and charged with bank fraud and bankruptcy fraud. Todd Brunner, 57, and his son, Shawn, 24, were arrested in their...
by admin | Oct 20, 2014 | Homeownership, Mortgages
By Trey Garrison Clarifies lending liability in reps & warranties, increases LTV ratios Federal Housing Finance Agency Director Mel Watt announced a number of policy steps aimed at increasing mortgage credit availability at the Mortgage Bankers...
by admin | Oct 18, 2014 | Latest News/Blog
By Mechele Dickerson One could conclude from recent economic reports that housing, labor, and financial markets in this country have stabilized and essentially recovered from the 2007-2009 recession. It’s not crazy to believe that things are getting back...