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Metro Bancorp in Harrisburg, Pa., which has been under pressure from activist investors to sell itself, reported higher quarterly income largely because of increased real estate lending.
January 26 -
A new forecast from Freddie Mac suggests that mortgage rates will remain stable for the first two quarters of 2015.
January 23 -
Ocwen Financial Corp. named two new members to its board of directors as the nonbank servicer works to repair its image in the eyes of regulators and investors.
January 21 -
The American Land Title Association released a statement pushing back against a new Consumer Financial Protection Bureau initiative.
January 15 -
The unpaid principal balance of delinquent commercial mortgage-backed securities delinquencies fell by 23% as of Dec. 31 compared with the same day one year prior in 2013, according to Fitch Ratings.
January 13 -
The Multifamily Lenders Council, a trade group representing companies that originate and service Federal Housing Administration-insured multifamily mortgages, states President Obama isn't doing enough to assist affordable rental housing.
January 9 -
The price of loans securing commercial mortgage-backed securities increased in November, according to DebtX.
January 9 -
Impac Mortgage Corp., a subsidiary of Impac Mortgage Holdings Inc., will acquire the mortgage operations of CashCall Inc., a consumer direct mortgage originator.
January 9 -
The residential and mortgage-backed securities market has seen "substantial improvements," according to Fitch Ratings.
January 6 -
An independent mortgage bank will sell a mortgage servicing rights portfolio with $4.2 billion in unpaid principal balance, an advisor to the transaction announced this week.
January 6 -
The Bancorp in Wilmington, Del., has sold nearly $267 million of commercial loans to an investor group.
January 2 -
Mortgage rates ended 2014 near their annual lows, Freddie Mac reported Wednesday.
December 31 -
Residential mortgage-backed securities servicers do not report losses from principal forbearance loan modifications consistently from servicer to servicer, a new Fitch report says.
December 30 -
Black Knight Financial Services reported that U.S. home prices were up 4.5% in a year-over-year comparison during the month of October.
December 30 -
Green Tree Servicing has agreed to a $1.2 billion serviced advance financing facility with Barclays Bank.
December 30 -
Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.
December 29 -
Data Facts Inc., a mortgage credit report and verification services provider based in Cordova, Tenn., has adopted AccountChek, a deposit verification service provided by FormFree.
December 29 -
Fitch Ratings downgraded Ocwen Financial Corporation's bond rating from B to B- with a negative outlook after the sudden departure of the company's chairman following a settlement with the New York Department of Financial Services.
December 26 -
Mortgage rates stayed near their 2014 lows despite rising slightly, according to the Freddie Mac Primary Mortgage Market Survey released Wednesday.
December 26 -
Aaron Seltzer, an attorney from the eastern shore of Maryland, pled guilty earlier this week to wire fraud connected to a real estate investment scheme.
December 26