MSRs
Latest Posts
Ocwen reaches $223 million settlement with California over servicing violations
Feb 17, 2017Ocwen Financial announced late Friday that it reached a $223 million settlement with the California Department of Business Oversight, ridding itself of the restrictions that hampered its mortgage business in California for more than two years. The settlement includes a cash payment of $25 million. Ocwen is also required to provide an additional $198 million in debt forgiveness.
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Here’s how and why CitiMortgage is leaving mortgage servicing
Jan 30, 2017 -
CitiMortgage exits mortgage servicing business
Jan 30, 2017 -
PHH selling off entire mortgage servicing rights portfolio
Dec 28, 2016 -
Walter Capital Opportunity Corp. selling $10 billion MSR portfolio to New Residential
Nov 16, 2016 -
More trouble for Walter Investment as nonbank posts third straight big loss
Nov 09, 2016 -
Ocwen returns to profitability for first time since Q2 2015
Oct 26, 2016 -
$3.2 billion Fannie Mae, Freddie Mac MSR portfolio hits the market
Sep 19, 2016 -
FHA makes it easier for struggling borrowers to keep their homes
Aug 25, 2016 -
$2.8 billion in Fannie Mae, Freddie Mac mortgage servicing rights up for sale
Aug 24, 2016 -
Is there a light at the end of the tunnel for Ocwen?
Jul 27, 2016
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