Servicing

WASHINGTON — JPMorgan Chase and EverBank were released from business restrictions stemming from the foreclosure reviews that originated in 2011, but also face new civil money penalties for their earlier violations of those restrictions, the Office of the Comptroller of the Currency said Tuesday.

As the mortgage industry begins the New Year, National Mortgage News takes a look at the biggest trends and topics that will shape 2016.

The delinquency rate on commercial mortgage-backed securities rose slightly in December, according to Trepp.

East West Bancorp paid $118.4 million to terminate single-family and commercial shared-loss agreements with the Federal Deposit Insurance Corp., tied to a failed bank acquisition.

Mortgage professional hiring and new job appointments for the week ending Jan. 1.

The plunge in oil prices may jeopardize almost $125 million of securitized loans backed by real estate in North Dakota, as drillers in the state scale back operations, Morningstar Credit Ratings said.

From the rollercoaster ride toward the TILA-RESPA implementation deadline to concerns about other areas the Consumer Financial Protection Bureau would zero in on for scrutiny, these seven stories dominated National Mortgage News during 2015. Following are both the stories and an update on where the situation stands now.

The strong recovery in commercial real estate has enabled borrowers to resolve a lot of problem loans made before the financial crisis, but Fitch Ratings continues to expect no recoveries from "hope notes."

Property Assessed Clean Energy loans have been available in Florida since 2010, but lending, as well as securitization of these loans, has lagged far behind California largely due to a series of lawsuits challenging the program's validity.

Mortgage professional hiring and new job appointments for the week ending Dec. 25.