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The share of mortgage loans in forbearance fell for the fourth week in a row to 8.18% according to the Mortgage Bankers Association’s Forbearance and Call Volume survey. The MBA approximates 4.2 mil
WEST PALM BEACH, Fla., July 13, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Friday, July 17, 2020 at 8:30 a.m. (E
The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.
Banks and lenders remain more cautious about making loans for home purchases or mortgage refinances that are higher than the government limits for so-called conforming loans. Here's how to find a "jum
It can hard to budget when you don't know what money will be coming in or going out. Here's an update on where your bill obligations and federal relief measures stand amid the pandemic.
NY Fed's Williams says timeline for ending Libor is unchanged by pandemic
Ginnie Mae’s restriction on repooling of reperforming forborne loans penalizes servicers, whose continuing efforts to protect borrowers affected by COVID.
In a big win for Fannie Mae and Freddie Mac preferred shareholders, the Supreme Court has decided it will hear the Collins case.
CNBC Select spoke with a loan officer who explained why the size of your down payment is just as important as your credit score in getting an affordable mortgage.
The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire.
Months ago, Orchid Island Capital was a clear buy, as the market had not yet accounted for the extremely bullish impact of Federal Reserve stimulus.
The U.S. high court will wade into a yearslong dispute involving the federal takeover of Fannie Mae and Freddie Mac during the financial crisis of 2008, agreeing to review a case examining the governm

How soon will fixed mortgage rates fall below 2%?

06:59pm, Thursday, 09'th Jul 2020
“Rates will grind lower,” said Seth Sprague, principal at Stratmor Group. “Loans will get harder to do as the economy isn’t opening up.”
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