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Fannie and Freddie have been selling pools of delinquent mortgages at auction to the highest bidders. Community groups say the Federal Housing Finance Agency should be giving preferential treatment to nonprofits and community development financial institutions.
February 12 -
United Guaranty reported pretax operating income of $644 million for 2015 while its new insurance written increased by 21%.
February 12 -
Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.
February 12 -
Fannie Mae has released the list of winners from its fourth nonperforming loan sale, which included a Goldman Sachs subsidiary.
February 11 -
Blackstone portfolio company Incenter has agreed to purchase Interactive Mortgage Advisers.
February 11 -
Arch's mortgage insurance unit saw an increase of over 1,000% in fourth-quarter underwriting income due to a significant decline in losses and loss-adjustment expenses.
February 10 -
U.S. Bancorp agreed to pay $10 million while Banco Santander settled for $3.4 million following missteps in how they handled earlier orders from regulators to fix faulty foreclosure practices, according to the Office of the Comptroller of the Currency.
February 9 -
Foreclosures nationwide continued to decrease in December, according to CoreLogic.
February 9 -
Walter Investment Management Corp. has named David Schneider as president of servicing and originations at Ditech Financial.
February 9 -
PennyMac Mortgage Financial Services reported a rise in income on higher servicing revenue.
February 5
