Hudson & Marshall seeks to pair the reputation with the nation’s leading servicers, lenders, credit unions, GSEs, asset management firms, and investors with Genesis Auction’s investor marketing and affiliation with Genesis Capital, a private bridge lender to investors active in distressed single-family real estate.

There are approximately 81,000 loans in the portfolio involved in the transaction, according to Ocwen's announcement. The transaction is subject to a definitive agreement as well as approval from Freddie Mac as well as Freddie Mac's conservator, the Federal Housing Finance Agency (FHFA).

The study was conducted authored by Gary Painter, director of USC's Lusk Center for Real Estate, and doctoral candidate Jung Hyun Choi, to determine how long declines in household formation would last following a major economic shock such as a drop in employment that occurred during the recession.

U.S. Representative Steve Stivers (R-Ohio), along with U.S. Representative Tim Walz (D-Minnesota), re-introduced the Bureau of Consumer Financial Protection Act of 2015, a bill that would create the position of an independent Inspector General for CFPB.

According to the class-action lawsuit, which was originally filed in September 2008, the underwriters made "material misstatements and omissions of material facts" in the offering documents, which was in violation of the Securities Act.

Even as the demand for rental housing has increased in most markets, investors continue to prefer to flip houses due to a recent combination of price appreciation and decreased inventory, according to Auction.com.

"It's got to be positive for housing, because all your consumer numbers are going in the same direction," said John Silvia, managing director and chief economist with Wells Fargo, who was one of the 39 panelists to participate in the survey. "With more jobs, higher wages, and income growth, you always see an increase in consumer confidence."

Zillow announced Friday afternoon that it expects to close the acquisition of San Francisco-based online real estate site Trulia by February 17, following the announcement of the conclusion of a Federal Trade Commission investigation.

The hearing, entitled "Regulatory Relief for Community Banks and Credit Unions," was a gathering of the committee's lawmakers to discuss the effect of recent regulatory burdens placed on smaller banks and credit unions in response to the financial crisis.

The bureau announced it is suing reverse mortgage lender All Financial Services with the intent to halt the lender's illegal activities and has imposed civil fines on both Flagship Financial Group and American Preferred Lending. The latter two companies were ordered to cease their false advertising in addition to paying civil fines.