Servicing

Late payments on securitized commercial mortgages climbed sharply in December to a 14-month high, led by office buildings.

Mortgage industry hiring and new job appointments for the week ending Dec. 30.

The Federal Housing Finance Agency is making it easier for Federal Home Loan Banks to expand the kinds of collateral they can accept for advances.

Some of the most popular contributors to National Mortgage News' Voices community weigh in on what they see coming in the next year for origination, servicing, technology and regulation.

PHH is selling its remaining residential mortgage servicing portfolio to the real estate investment trust New Residential.

United Shore Financial Services, a Troy, Mich.-based lender, has agreed to pay $48 million to settle allegations that it violated the False Claims Act.

A Fidelity National Financial Inc. subsidiary is in final talks to pay as much as $65 million to resolve U.S. government accusations that it contributed to improper and fraudulent foreclosures after the 2008 credit crisis, according to a person familiar with the deal.

It's unclear how the new political environment will affect the platform's viability or how investors will view the securities issued on it. The next year could determine the project's success and role reshaping the secondary mortgage market.

Congress wants to put the federal flood program on sounder financial footing, encourage the development of a private flood insurance market and stop the insanity of rebuilding properties subject to repetitive flooding.

Deutsche Bank and Credit Suisse Group agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis, putting behind them a major dispute that undermined confidence in the banks and raised questions about their turnarounds.