Servicing

The serious delinquency rate on Federal Housing Administration loans has risen a full percentage point over four months to 9.3% in November.

Loan officers will have some unpleasant news for their customers in 2012: the cost to obtain a new government-backed mortgage will be rising.

The combined value of loans in CMBS pools hardly budged from October to November, according to data released last week from DebtX. Based on loans that the advisory firm prices, the figure at the end of November was 85.2%, from 85.3% on Oct. 31.

Average daily volume in the CMBS market in December is down versus November, according to data reported by the Financial Industry Regulatory Authority's Trade Reporting and Compliance Engine or TRACE.

The Chickasaw Nation of Oklahoma’s tribal mortgage program has passed $100 million in originations through more than 1,000 loans, a number unthinkable even a dozen years ago.

House prices fell 1.2% in October after falling 0.7% in September according to new figures released by Standard & Poor's Tuesday morning.

Post Properties Inc., an Atlanta-based real estate investment trust, has prepaid six multi-family mortgage loans held by Freddie Mac and will record a $7 million loss on the transaction.

It's time for eggnog and yearend lists—top news stories, newsmakers, stuff like that. But what about the great mortgage rumors that got away? Here lay five stories/rumors that went nowhere:

KB Home's midyear decision to transition its mortgage marketing agreement to a new lender caused significant delays in the Los Angeles-based homebuilder's ability to close home sales in the last quarter of its fiscal year.

Freddie Mac purchased $38.1 billion of mortgages in November, a 12% gain from the month prior, and its best acquisition month since February, according to new figures released by the GSE.