Servicing

Ratings agency Fitch took a cautious approach to the residential mortgage-backed securities market in its latest report on the sector.

JPMorgan Chase & Co. won a round in a long- running dispute with the Federal Deposit Insurance Corp., avoiding some of the liabilities tied to its 2008 takeover of Washington Mutual Inc.'s banking operations.

The number of delinquent loans backing commercial mortgage-backed securities dropped significantly in May, according to a report by Trepp.

Bank of America scored a legal victory this week for all holders of second liens.

Buyers of the unrated B tranche, which transfers the first 100 basis points of losses when homeowners default, will be paid a spread of 795 basis points over one-month Libor.

After a "landmark" first-quarter driven by mortgage origination gains, Flagstar Bancorp is counting on mortgage servicing and community banking to spur future growth.

Walter Investment Management Corp. is preparing to refinance and retain loans through other channels after the HARP ends in 2016.

National home prices, including those of distressed properties, increased 6.8% this past April from where they stood a year before.

The Supreme Court issued a ruling Monday that said second mortgage liens cannot be voided in bankruptcy, even when the first lien is underwater.

The delinquency rate for commercial and multifamily mortgages improved in the first quarter for most categories of investor, on higher property income, rising property values and a strong finance market.