Servicing

What will the shape of a new secondary market look like?It could be one where lenders shun the 30-year fixed-rate mortgage.

Fitch Ratings said that the climb toward an expected 10% CMBS delinquency rate has slowed based on its latest index result.

The dollar number of U.S. fixed-rate commercial mortgages that were liquidated in March rose by 49% from February, according to Trepp. However, the majority of loans with losses have losses of less than 2%.

Montgomery County Employees FCU announced it is now offering members a HarmonyLoan mortgage, which adjusts its interest rate at the member’s call.

The Obama Administration’s white paper on the future of the government-sponsored enterprises may have muddied the issue as much as it clarified it.

Banks' old problems kept easing in the first quarter. Their new problems didn't.That's what analysts expect to hear from JPMorgan Chase & Co. and Bank of America Corp. this week as they kick off quarterly results.

The only bank that has been penalized for mortgage servicing lapses got slapped for doing the opposite of what state attorneys general have been demanding.

Home values are still falling, but at a less dramatic pace, according to the new CoreLogic house price index.

The Mortgage Bankers Association is asking the Federal Housing Finance Agency for more information on what servicers might be paid if a loan moves from being current into the ‘default’ category.

The private mortgage insurance companies will not report profits in the first quarter but there should be continued improvement in credit trends and operating performance, said a report from Keefe, Bruyette & Woods.