Finance

After hitting rock bottom in the real estate bust, commercial mortgage-backed securities financing is making a comeback.

Fitch, Kroll and Moody’s Investors Service have issued presale reports on the latest transaction from the only consistent issuer of private-label mortgage-backed securities deals since the downturn.

Land Home Financial Services entered into a $20,000 settlement with the HUD over alleged violations of the Fair Housing Act involving an application where the wife was on maternity leave.

Title insurance underwriters saw the volume of premiums written during the second quarter increase by $456 million over the same period last year, according to the American Land Title Association.

One factor that could affect prepayments going forward is whether the federal officials decide to embark on another round of easing involving mortgage-backed securities purchases.

The California firm pushing municipalities to seize loans for borrowers owing more than their homes' values, said it would expand its proposed program to include delinquent and defaulted debt.

Eminent domain for underwater loans and laws affecting foreclosures do impact loan originators, said the board of the California Association of Mortgage Professionals.

Radian Group, MGIC Investment Corp. and Genworth Financial—saw substantial increases in their stock prices Friday, one day after Radian released robust monthly results.

The gain-on-sale mortgage juggernaut of the past few quarters will continue for banks, according to Credit Suisse.

The National Credit Union Administration has filed suit against UBS Securities claiming securities fraud in the sale of $1.1 billion of MBS.

If President Obama wins re-election in November, the Democrats' agenda for the financial policy realm will include defending their past achievements. But the GSEs will be at the top of their 'To Do' list.

Fannie Mae is getting closer to picking a technology vendor that could takeover large swaths of its processing chores.

Tommy Lister is one of three people to admit guilt so far in mortgage fraud scheme in California.

Republican presidential candidate Mitt Romney is calling for reform of Fannie Mae and Freddie Mac, promising it will be a priority if he wins the November election.

Smaller mortgage bankers are using different channels—retail, wholesale and correspondent—to add market share.

Examining the arguments, both pro and con regarding advising consumers to refinance right now.

Standard & Poor’s Corp. said it could change up to 744 U.S. and Canadian commercial mortgage-backed securities ratings.

Third-party lender Stonegate Mortgage has purchased warehouse provider NattyMac.

The FHFA study on single-family g-fees shows the fees paid by the five largest lenders averaged 26 basis points by yearend 2011, up 5 bps from the first quarter.

The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to increase their loan guarantee fees by an average of 10 basis points starting Nov. 1.