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Citigroup plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans.
January 30 -
Mortgage industry hiring and new job appointments for the week ending Jan. 27.
January 27 -
Nearly a third of the loans in the nonagency space will likely see prepayments cut in half if refinancing incentives disappear due to higher interest rates, according Morningstar Credit Ratings.
January 26 -
Invitation Homes, the real estate investment trust controlled by private equity firm the Blackstone Group, has found a new source of financing for its portfolio of single-family rental homes: Fannie Mae.
January 26 -
Old Republic International's title insurance business had a 78% year-over-year increase in fourth-quarter net income, as net premiums earned were up by 13% and claims costs declined by 86%.
January 26 -
The mortgage industry loves to abbreviate its jargon. Test your knowledge of these 10 key industry terms.
January 26 -
Nonprime mortgage securitization has roughly doubled each of the last two years, and it shows no signs of stopping, according to Fitch Ratings.
January 26 -
Umpqua Holdings in Portland, Ore., reported an increase in profits, as a spike in fees compensated for lower interest income.
January 26 -
BOK Financial was victimized by the effect of rising interest rates in the fourth-quarter profit, as losses on the company's hedge positions resulted in a profit decline.
January 25 -
A $90 billion wave of maturing commercial mortgages, leftover debt from the 2007 lending boom, is laying bare the weak links in the U.S. real estate market.
January 25