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Ocwen Ratings to Remain Despite Sale

Fitch Ratings has opted to keep Ocwen Financial Corporation’s ratings as-is—both on its servicing and its bonds—despite the servicer’s recent MSR sale. Announced last month, Ocwen will sell its [...]

Fannie Mae Gross Mortgage Portfolio Continues Strong

Fannie Mae's April monthly summary was recently released showing slight growth for the month. Though temporarily, their Gross Mortgage portfolio increased at a compound annualized rate of 52.5 percent. [...]

Industry Group Takes Step Toward Diversity

Thanks to one of REO’s biggest professional groups, the mortgage industry has taken a significant step in diversity and inclusion. The Federation of REO Certified Experts announced the launch [...]

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