Finance & Mortgage

JPMorgan Chase to Buy Ocwen Mortgage Servicing Rights for $45B?

JPMorgan Chase is said to buy Ocwen Mortgage Servicing Rights for $45B. Many shareholders, investors, and consumers were intrigued when on March 2, Ocwen Financial Corporation or "Ocwen," a leading financial services holding corporation, posted an update on its website which hinted about a deal they will be signing soon, reports DSNews.

San Francisco Rent Hike: Netizens Cry Foul on $7K Increase in Monthly Rental

Deb Follingstad, a tenant of Bernal Heights, was shocked when she found out that her rent was increased by almost 400%. She was dismayed and posted the legal notice that she got from her landlord on Facebook, hoping that she could find a new place to live soon.

Home Construction Plunges 17% This February

Because of the harsh winter conditions, home construction plunges to 17% this February. Harsh winter conditions have affected the housing market quite remarkably.
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