Fitch: “As long as Fannie and Freddie remain in conservatorship and continue to be supported by the substantial funding under the PSPA, their ratings will continue to be linked to the U.S. sovereign rating."
Francois Grunenwald, Ocwen's new SVP and CAO, is a graduate of the University of Paris. His signing bonus (just for taking the job) is $100,000. He joins the nation’s 12th largest servicer from PricewaterhouseCoopers…
Two questions – one about language preference and another about homeownership education and housing counseling – will be removed from the GSE application.
The big question that everyone wants to know: If released eventually from the shackles of conservatorship, will Freddie and Fannie grow those investment portfolios back up?
In a new 10-Q filing with the SEC, Ocwen disclosed roughly 40 “risk factors,” including “uncertainty” tied to litigation, cease and desist orders, investigations brought by government agencies and more…