Wells Fargo mortgage files stolen | Ocwen servicer rating downgraded

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Wells Fargo Mortgage Files Stolen preview | full story More than a thousand customer files stolen from a dozen Wells Fargo Home Mortgage offices were used to rip off the identities of Wells Fargo clients. www.mortgagedaily.com/stories/MctGuiltyWashington083114.asp?spcode=newsalert Investors Find Peace of Mind with Orion's i3 Proprietary software performs complete collateral file reviews and helps smaller investors track and locate missing documents. www.orionfgi.com Ocwen Servicer Rating Downgraded preview | full story A recent escalation in regulatory scrutiny of Ocwen Financial Corp. prompted the downgrade of a servicer rating at its subsidiary. www.mortgagedaily.com/stories/OcwenRating082914.asp BofA Says GSEs Knew What They Were Buying preview | full story Bank of America Corp. says the government sponsored enterprises knew what they were getting from Countrywide Financial Corp. and wants a jury verdict that left it with a huge penalty thrown out. www.mortgagedaily.com/stories/MctLawsuitBofa083014.asp BofA CEO Visits HEL Hub preview | full story The chief executive officer of Bank of America Corp. recently stopped in to pay a visit to a fast-growing office that handles home-equity lending. www.mortgagedaily.com/stories/MctMoynihanInterview090114.asp Mortgage Advertising read more Put your company's ad on this e-mail newsletter. read more | e-mail | 800.511.5204 | www.mortgagedaily.com/advertise.asp FHA Business Leads Drop in Mortgage Activity preview | full story An improvement in interest rates was overcome by the holiday effect, and new mortgage business slowed. Government-insured activity tumbled the most. www.mortgagedaily.com/stories/MMI083014.asp Banks Expand Staffing, Increase Earnings preview | full story Even as the number of banks has diminished, staffing in the sector expanded from the previous quarter, and earnings improved. www.mortgagedaily.com/stories/BankEarnings082914.asp Town, County Lose Appeals Against GSEs preview | full story A federal appeals judge ruled in favor of the government-sponsored enterprises in separate lawsuits filed by municipalities in two different states. www.mortgagedaily.com/stories/MctLawsuitGses083114.asp Portfolio Lender Formed From Acquisition preview | full story An acquisition by a Michigan financial institution provided a foundation for the creation of a portfolio lender that will invest in non-agency mortgages. www.mortgagedaily.com/stories/MctMichiganFirst083014.asp Mortgage Rates Hold at Year's Low preview | full story Long-term fixed rates, which already stood at a low for the year, maintained their position and are unlikely to rise in the next report. www.mortgagedaily.com/stories/Rates082814.asp Ginnie Updates ARM Requirements preview | full story Issuers of Ginnie Mae mortgage-backed securities will need to modify their disclosure practices on adjustable-rate mortgages. www.mortgagedaily.com/stories/GinnieArms082814.asp

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