Servicing

National MI, a private mortgage insurance company in Emeryville, Calif., has named Jay Sherwood as president.

Mel Watt, down payment, homeownership, Fannie Mae, Freddie Mac, FHA

PNC Financial Services Group has appointed a new leader for its mortgage division.

Many professionals in the mortgage industry are paying close attention to the non-QM market to see if it will indeed provide a path back to subprime loans of the past.

With some proposals still outstanding, mortgage bond market participants are concerned that eminent domain attempts would spread if a municipality makes inroads with a proposal.

Foreclosure inventory fell 26.4% in the month of October compared to the same period last year.

San Francisco may become the biggest U.S. city to use its development powers to help homeowners avoid foreclosure, partnering with another California community whose own plan has come under fire from investors.

The Department of Housing and Urban Development's support for the widow of a home equity conversion mortgage borrower has broad implications for consumers and lenders.

Starwood Waypoint Priced its first securitization of single-family rental property, a $505 million deal backed by some of the oldest homes in this emerging asset class.