Ocwen Loan Servicing

Texas Supreme Court Rules in Favor of Ocwen Over Lien Settlement

Today’s News Synopsis: The National Association of Realtors reported existing-home sales increased last month by 1.7% to 5.45 million.  A fine dealt to Bank of America totalling $1.27 billion over fraud was overturned by the United States Court of Appeals for the Second Circuit.  At the same time, the Supreme Court of Texas ruled in …

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38% of Millennials Prefer Holding Off on Wedding to pay for Home

  Today’s News Synopsis: Applications for homebuyers increased 7%  to their highest level since summer of 2013.  Analysts are still optimistic about the housing market recovering this year with recent improvements in new and pending home sales.  Redfin recently conducted a survey showing that 38% of millennials would rather spend money on a nice home …

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The Norris Group Real Estate News Roundup 1/22/14

Today’s News Synopsis: Mortgage applications saw a 4.7% increase from last week according to the Mortgage Bankers Association.  According to the latest Fitch ratings, mortgage volume, delinquencies, and shadow inventory are all expected to decrease while home price gains are expected to slow down.  Foreclosure activity decreased drastically and is now at its lowest in …

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The Norris Group Real Estate News Roundup 12/20/13

Sources: FDIC Shutters Texas Bank Builder Confidence Rises Four Points in December CoreLogic: 791,000 underwater homes return to positive equity U.S. Housing Starts Jump to Highest Level in Five Years Report: Legal Activity on Mortgage Fraud Cases at Post-Crisis Low FHA Replenishes Fund, Expects to Meet 2% Reserve Mandate by 2015 Today’s News Synopsis: Aaron …

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The Norris Group Real Estate News Roundup 6/14/13

Sources: Tennessee Bank Collapses Over Weekend U.S. Mortgage Rates Rise for a Sixth Straight Week Foreclosures edge up slightly Homeowners With Negative Equity Below 20% of Borrowers Confidence in housing market spikes Fannie Mae Shareholders Challenge U.S. Takeover in Suit Drones Move from the War Zone to the Real Estate Front Fannie Mae housing outlook …

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