Servicing

Investors pay a premium for these Ginnie Mae securities, a Walter Investment Management executive says.

The percentage of U.S. commercial real estate loans that are 30 or more days late has dropped 268 basis points since reaching an all-time high of 10.3% in the summer of 2012.

Former Washington Mutual chief Kerry Killinger and two other bank officials are talking with the Office of the Comptroller of the Currency, the last chapter in the government’s probe into the financial institution's collapse.

The federal agency has launched new programs to facilitate public-private financing that will help boost “green” multifamily building development.

For the second time in 2013, Charles Head was convicted by a federal jury in the Eastern District of California for operating a major mortgage fraud scheme.

The National Fair Housing Alliance has accused big banks of discriminating against minorities in the upkeep of foreclosed properties and is seeking millions in settlements—mostly for itself. Behind its demands are faulty data and grants overseen by a federal official with close ties to the group.

Rising interest rates next year will heighten both the term risk of new deals and the refinance risk of outstanding commercial mortgage-backed securities, but Moody’s ratings could remain stable.

New policies spell out "business interactions" between mortgage insurers and servicers.

Since the fall of 2011, national property values are up 17%. But in November, quarterly growth was 1.8%, down from the previous quarter’s 3.3% uptick.

Borrowers whose homes were damaged by the November tornadoes are being offered mortgage relief options by the government-sponsored enterprise including forbearance for up to one year.