Origination

So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?

Ocwen Financial Corp. recorded a $44.4 million net loss in the second quarter related to its court battles and other expenditures, including costs related to its exit from correspondent lending.

Mortgage application activity decreased 2.8% from one week earlier as interest rates were flat or moved slightly higher, according to the Mortgage Bankers Association.

Long the top choice for international buyers in the U.S., Florida also leads the country for foreign buyers selling off their real estate stakes.

Genworth Financial's U.S. private mortgage insurance business had an almost 50% increase in adjusted operating income, benefiting from lower-than-expected claim rates.

Saying he was fed up co-existing with town officials, the owner of a 1750s-era house on Main Street in Rowley, Mass., has put the home and the 6.8 acres it sits on up for sale and is encouraging developers to build affordable housing there.

Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes.

Radian Group posted a net loss of $27.3 million on charges associated with the planned restructuring of its underperforming mortgage and real estate services unit.

Fiserv has acquired the assets of PCLender, a mortgage loan origination system vendor based in Reno, Nev.

Freddie Mac is on track to double the number of low down payment mortgages it will buy in 2017, while continuing to see its serious delinquency rate fall to record lows.