Finance

PennyMac Mortgage Investment Trust has agreed to buy $452 million of nonperforming whole loans from undisclosed sellers.

Interactive Mortgage Advisors is offering two small bulk mortgage servicing rights packages, one backed by loans in Pennsylvania, the other in Nevada.

The total amount of commercial real estate debt declined by 0.4% in the second quarter compared with the first.

Federal Financial Analytics believes that higher net worth standards are not necessarily a problem for bank servicers, but could pose a “significant obstacle” for small nonbanks, depending on the capital threshold.

Old Republic International Corp. has filed a corrective plan for Republic Mortgage Insurance Co. with the North Carolina Department of Insurance.

Second quarter new insurance written strong, but legacy business remains an overhang.

Mortgage bankers are worried that the GSEs might be ushering in a ‘score card’ rating on all their customers tied to net worth, loan quality and more.

Arlington Asset Investment Corp., a Virginia-based real estate investment trust that buys residential mortgage-backed securities, priced a public offering of 3 million shares of common at $24.80 per share.

Initial demand shifted toward the long bond in the pricing of Fannie Mae’s latest multifamily delegated underwriting and servicing REMIC deal.

Was Berkshire Hathaway faking an interest in Residential Capital Corporation?

An EquityLock Protection contract protects the value of a customer’s home from future local market declines for up to 15 years.

Crucial to bringing investors back to the private secondary mortgage market is convincing them of appraisals’ soundness, and there has been a lot of effort on the part of both government and private market entities to make that happen.

A federal task force formed to probe misconduct in the mortgage and MBS markets may be getting ready to take action.

Bank of America is continuing to unload large chunks of its mortgage servicing portfolio.

Fannie Mae is telling new seller/servicers that it will cap how much product they can sell to the GSE based on their net worth and other factors.

Who's on the Fannie/Freddie 'High Risk' watch list? Well, we can guess who isn't on it.

Home values have been rising the past few months, a good sign for the Federal Housing Administration’s single-family insurance fund, which has been dangling on the edge of insolvency.

In late October $365 billion of mortgage servicing rights belonging to Residential Capital Corp. will be auctioned off to the highest bidder.

Increased volumes have pressed many people and their loan production platforms to a breaking point.

A new report from the Federal Housing Finance Agency inspector general on Fannie Mae’s MSR deal with Bank of America also confirms that the GSE tried to buy specialty servicer Litton Loan Servicing.