Finance

Three former Nomura Holdings Inc. traders pleaded not guilty to charges that they defrauded investors by inflating the prices of mortgage-backed securities in the wake of the U.S. financial crisis.

Royal Bank of Scotland said it will return to selling interest-only mortgages after scrapping the riskier loans in the wake of the financial crisis.

Moody's Investors Service just flagged a risk in bonds backed by single-family rentals: there aren't enough special servicers.

Charles Hallac, the Wall Street veteran who got his start working with mortgage-backed securities on his way to becoming co-president of BlackRock Inc., has died after an almost four-year battle with cancer. He was 50 years old.

Texas Capital Bank in Dallas has created a correspondent aggregator channel to complement its existing warehouse lending program.

Three former Nomura Holdings Inc. traders were charged with defrauding investors by inflating the prices of mortgage-backed securities, the latest cases to come out of a U.S. crackdown on deceptive sales practices in the market for complex bonds.

The first Fannie Mae Home Purchase Sentiment Index fell 0.5 points to 80.8 in August from where it would have been in July.

Consulting firm The Collingwood Group has hired former Freddie Mac executive Paul Mullings.

Years after the great American housing bust, mortgages akin to the so-called liar loans — which were made without verifying people’s finances — are creeping back into the market.

Interest rates on fixed-rate mortgages rose this week as the stock market remained volatile, according to Freddie Mac.

About a fifth of the $163 million in credit Citi has earned under terms of the 2014 settlement would be considered extra credit. Citi can earn extra credit by doing things such as completing loan modifications early or reducing loan-to-value ratios below certain levels.

New Jersey Community Capital in New Brunswick won a Fannie Mae auction of nonperforming loans.

The price of loans that underlie commercial mortgage-backed securities rose in July on a monthly basis, according to DebtX.

American Homes 4 Rent is sticking with a feature that reduces refinancing risk in its upcoming single-family rental securitization.

The commercial mortgage-backed securities delinquency rate rose in August, reversing an improvement in the rate in July, according to Trepp.

Credit unions are no longer the tiny cooperatives they were a generation ago.

Mortgage securitizer Ginnie Mae could get hit if a proposed deadline for filing claims on FHA-insured loans goes into effect.

A new battle is brewing between Fannie Mae and Freddie Mac as the government-sponsored enterprises set out to boost their purchases of low down payment loans.

Suncrest Bank is hoping that its team of experienced executives, combined with organic growth and acquisitions, will help more than double its assets in the next few years.

Marketplace lenders seek to disrupt traditional financial services with online platforms that connect borrowers to investors. But in real estate, this burgeoning sector has taken an approach that seeks to co-exist with, rather than supplant, the traditional mortgage market.