Ocwen agrees to settle decade-long suit over BPO, valuation fees

Up to 330,377 homeowners from whom Ocwen collected mortgage payments could be eligible to claim refunds of $60 per broker price opinion and $70 per hybrid valuation Continue reading

Hubzu operator Altisource to issue more stock to pay down debt

The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5 million in a February offering that it used to pay down debt. Continue reading

Altisource sees rise in foreclosures as a path to profitability

The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million. Continue reading

Altisource public stock offering will pay off roughly $20M in debt

Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt. Continue reading

Hubzu operator Altisource raising money in public stock offering

The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading

How to personalize the homebuyer journey and exceed customer expectations

Compared to a few decades ago, purchasing a home today is more of a digital experience. Homebuyers have easy access to online educational tools and resources, making them hands-on and proactive with their home search. Continue reading