Kristin Broughton

New federal requirements for private mortgage insurers aim to standardize coverage across the market. That’s left some companies looking for ways to distinguish their products as they vie for lenders' business.

Complete Financial Solutions, American Patriot Bank

Private mortgage insurers will be required to have master policies that meet new guidelines in place by Oct. 1, according to announcements this week from Fannie Mae and Freddie Mac.

National Mortgage News has won an award from the Native American Journalists Association.

Mortgages were more profitable to originate in the first quarter even though a lot fewer were made, according to the accounting firm Richey May. Secondary marketing gains came to the rescue.

Alfred DelliBovi, the former chief executive of Federal Home Loan Bank of New York, will join the board of Flushing Financial Corp.

The Federal Reserve said Friday that it has appointed Eric Belsky to serve as director of its Division of Consumer and Community Affairs.

New York's banking regulator said Thursday that he intends to simplify state requirements for obtaining a mortgage banking license.

Ocwen Financial Corp. will no longer require distressed borrowers involved in litigation with the mortgage servicer to sign nondisparagement agreements as a condition for receiving a loan modification, New York's banking regulator said Wednesday.

Capital One Financial has consolidated its commercial real estate lending units, in an attempt to further integrate Beech Street Capital, the multifamily mortgage firm it acquired last year.

Delinquency rates for commercial and multifamily loans declined in the first quarter, according to the Mortgage Bankers Association.

More than 40% of the 2 million recently modified mortgages facing interest-rate resets are underwater, according to Black Knight Financial Services data.

Fannie Mae's short sale portal has been updated with new features for real estate agents.

Mortgage applications dipped slightly for the week ending May 23 compared with the previous week, according to the Mortgage Bankers Association.

ReverseVision has launched an online education platform aimed at teaching lending professionals about reverse mortgages.

Valuation Partners, an appraisal management company in Sugar Land, Texas, said on Thursday that it has launched a unit to handle valuations of commercial properties.

New York banking regulator Benjamin Lawsky said Wednesday his office will investigate claims that Ocwen Financial Corp. and other servicers require distressed borrowers to sign nondisclosure agreements in order to receive mortgage modifications.

New York Attorney General Eric Schneiderman renewed calls for the state legislature to address the problem of "zombie properties," or foreclosed homes that banks have walked away from to avoid the cost of maintenance.

Genworth Financial announced Thursday that its Australian mortgage insurance business will raise about $535 million in an initial public offering.

The company attributed the loss to costs associated with its recent acquisition of Nationstar's wholesale lending channel, as well as adjustments in mortgage servicing rights.