Finance

SecurityNational Mortgage has reached a settlement with Bank of America to resolve a financial crisis-era dispute over the companies' loan purchase agreements.

With 2015 in full swing, National Mortgage News is taking a look at the biggest trends and topics that will shape 2015.

Madison International Realty in New York has acquired 5.3% of the outstanding shares of Monogram Residential Trust.

As a result of certain court decisions, government agencies like the Federal Housing Administration have even more latitude in pursuing these claims against lenders.

Leading commercial real estate lenders expect loan volume in 2015 to top 2014, driven by refinancing of maturing debt and strong market fundamentals.

Royal Bank of Scotland Group could pay a fine to settle claims of misconduct in its handling of U.S. mortgage securities as early as this quarter, a person with knowledge of the matter said.

SunTrust Banks will provision $145 million in its fourth quarter results for legal expenses related to previously disclosed mortgage issues, the company said in a regulatory filing Monday.

Kenneth Phelan was hired by the U.S. Treasury Department for the newly created position of chief risk officer, a role he previously took at Royal Bank of Scotland Group and Fannie Mae in the aftermath of the financial crisis.

American Homes 4 Rent, the largest publicly traded investor in single-family rental homes, has acquired a pool of properties from a subsidiary of Ellington Management Group, in what could be a sign of further consolidation in the industry.

The Bancorp in Wilmington, Del., has sold nearly $267 million of commercial loans to an investor group.

Royal Bank of Scotland Group fell after the Times reported in London that the U.K. lender could pay at least $7.7 billion to resolve claims of misconduct in its handling of U.S. mortgage securities.

Take a look back at National Mortgage News' top stories of 2014.

Giant servicer expects to break up existing private-label mortgage securities and resecuritize $5 billion of the loans over two years.

Bank servicers have a compliance dilemma: they need to quickly shed mortgage-servicing rights ahead of Basel III at a time when regulators are keeping a close watch on the manner in which transfers are handled.

Ocwen Financial's settlement with New York regulators could have a negative impact on the cash flows of mortgage bonds heavily exposed to loans serviced by Ocwen in that state, according to Moody's Investors Service.

The Justice Department is aiming to settle a probe into Morgan Stanley's subprime mortgage business by early 2015.

Activist investment firm Corvex Management reported a 7.1% stake in American Realty Capital Properties, the U.S. real estate investment trust that has plunged since disclosing accounting errors two months ago.

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.

Mortgage rates stayed near their 2014 lows despite rising slightly, according to the Freddie Mac Primary Mortgage Market Survey released Wednesday.

Wells Fargo, HSBC, Bank of New York Mellon and Deutsche Bank were sued by an Irish securities firm that claims the banks failed to protect investors in their role as trustees of securities backed by home loans that defaulted after the 2008 credit crisis.