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Commercial mortgage-backed securities have more risk than last year as landlords need to repay maturing debt and vacancies remain elevated.
October 18 -
In the first five months since the national mortgage settlement was approved, Bank of America has completed more than $4.75 billion in principal reduction offers on first mortgages.
October 18 -
The average rate for a 30-year fixed-rate mortgage in Freddie Mac’s latest weekly survey dropped two basis points to 3.37%.
October 18 -
The nation's seventh largest mortgage banker is handing out stock grants to four of its top executives.
October 18 -
U.S. Bancorp, one of the fastest growing mortgage lenders in the nation, fears the ramifications of the "fiscal cliff."
October 18 -
Consumers who pursue debt settlement services may find themselves facing not relief but even steeper financial losses, attorneys are warning.
October 18 -
A key executive handling the sale of mortgage servicing rights plans to leave Phoenix Capital.
October 18 -
My mortgage finance career has been focused on avoiding nonperforming assets or REO although unforeseen circumstances invariably result in some.
October 17
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Next week Residential Capital Corp. will be auctioned off to the highest bidder. M&A advisors are predicting Nationstar will prevail.
October 17
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With millions of homes currently foreclosed upon nationwide, there is potentially a second foreclosure crisis looming that could deteriorate the housing industry even more: the tax lien sale.
October 17




