WASHINGTON, April 30, 2013 (GLOBE NEWSWIRE) -- Representatives from national and community-based housing advocacy groups, the mortgage industry and government and non-government agencies convened last week to identify and address new issues facing homeowners in the shifting housing market. "The Evolving Housing Market: Serving Homeowners in the New Regulatory Environment," was hosted by mortgage servicer and originator Ocwen Financial Corporation (NYSE:OCN). Key topics covered in the half-day roundtable included:
- The future of the mortgage origination market and its impact on low-to-moderate income families, particularly the impact of QM, QRM, FHA reform and GSE reform.
- The final rule on uniform servicing standards from the Consumer Financial Protection Bureau and how they will impact the foreclosure process and interact with consent agreements.
- The trends housing and credit counselors are seeing in the market and how counseling models could be improved.