After posting $33M in profit in 2024, PHH Mortgage's parent company said Thursday it will invest further in loan servicing and the originations tech that handles a majority of its customer inquires
Up to 330,377 homeowners from whom Ocwen collected mortgage payments between 2010 and 2017 could be eligible to claim refunds of $60 per broker price opinion and $70 per hybrid valuation
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
Transaction expected to bring JPMorgan’s MSR portfolio to nearly $1 trillion
Loan servicer writes down mortgages, gets share of future price appreciation
Subprime servicer claims superior success rate
Change intended to help lenders get REOs off the books