Servicing

A proposal to extend and modify the Terrorism Risk Insurance Act divided the House Financial Services Committee down party lines on Thursday, and signaled the battle lines that are likely to arise when the issue is worked out between the House and Senate.

The confluence of trends is making efficient portfolio and vendor management vital.

Buyers still have a lot of money they want to put to work and assets are in short supply, advisors who help broker trades say.

The GSEs make mortgages? Banks don't? For an economics professor who has made the causes of the housing collapse a central campaign issue, David Brat sure doesn't sweat the details.

Several federal agencies and 49 state attorneys general struck a $968 million settlement Tuesday with SunTrust Mortgage over charges that it violated laws governing mortgage origination, servicing and foreclosures.

Rep. Randy Neugebauer, R-Texas, introduced a new plan Tuesday to modify and extend the Terrorism Risk Insurance Act.

Ocwen Financial Corp. agreed to pay $3.7 million to end a Massachusetts lawsuit claiming it didn't give homeowners required notices and illegally foreclosed on properties, the state’s attorney general said.

WinWater is the first new jumbo residential mortgage-backed securities issuer to put a deal in the pipeline since 2013. More new players could bring deals to market late this year.

An insurer tied to Apollo Global Management bought a stake in AmeriHome Mortgage Co., a lender taken over this year by a group including former Countrywide Financial Corp. executives, according to three people with knowledge of the investment.

Fidelity National Financial and First American Financial are pitching lenders additional technologies and services that complement their core title businesses. CoreLogic, by contrast, is diversifying its clientele beyond mortgages.