Category: debt,housing-data,market analysis,young homebuyers,economy,market trends,mortgages Friday, February 07, 2014 12:44:40 PM
Making homes unaffordable to younger Americans is more problematic than simply altering the living habits of upcoming generations. Housing formation in the United States is entering uncharted territory based on demographic shifts and also the new reality that younger Americans will be less affluent than their parents. This is why we have millions of younger [...]
Category: banking,debt,housing-data,market analysis,wall street,home prices,investors,stocks Tuesday, February 04, 2014 11:18:53 AM
While the stock market can turn on a dime with the agility of a cheetah, the housing market has the nimbleness of the Titanic. That is why the slowdown that started in the summer of 2013 is actually now resulting in on the ground changes for buyers and sellers. The stock market has taken a [...]
Category: Wells Fargo & Company,Foreclosures,Mortgages,Consumer Financial Protection Bureau,Investment Banking,Federal National Mortgage Assn (Fannie Mae),Real Estate and Housing (Residential),Real Estate,Top Headline 2,Ocwen Financial Corporation|OCN|NYSE,Federal National Mortgage Assn (Fannie Mae)|FNMA|OTCBB,Ocwen Financial Corporation,Wells Fargo & Company|WFC|NYSE,Banking and Financial Institutions,Consumer Protection,Subprime Mortgage Crisis Thursday, January 23, 2014 2:37:17 PM
Wells Fargo said on Wednesday that it sold the rights to service 184,000 mortgages to Ocwen Financial Corporation, a rapidly expanding company known for its expertise in dealing with subprime borrowers.
,Ronald M. Faris, the president and chief executive of Ocwen Financial, which bought servicing rights on $39 billion of mortgages from Wells Fargo.
via:http://realestate.about.com/b/2014/02/10/real-estate-news-2102014.htm
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