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Origination

Staying on top of mortgage origination news may be more important right now than ever. The mortgage industry has faced more than its fair share of challenges throughout 2022, with higher than average mortgage rates leading to dwindling interest from potential borrowers. In turn, the great mortgage bank consolidation has been underway, and a number of other seismic shifts in the industry have occurred as well.

These types of changes are expected to continue through at least the first half of 2023, although there is optimism that the industry may see improvement in the second half of the year. As a mortgage origination professional, you can stay up to date on the news you need with the extensive mortgage origination coverage published by HousingWire.

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Ocwen runs afoul of NYSE after stock stays below $1 

Apr 14, 2020By

For the second time in five years, Ocwen has found itself in violation of the New York Stock Exchange’s rules. Back in 2015, the NYSE threatened to delist Ocwen after the nonbank failed to file its annual report on time. And now, Ocwen is in more trouble after the company’s stock fell below $1 and stayed there for a month.

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