Servicing

Total commercial and multifamily mortgage debt outstanding increased in the third quarter, in a quarterly comparison, according to the Mortgage Bankers Association.

The number of residential properties with negative equity continued to decline in the third quarter, according to CoreLogic.

As the mortgage industry heads into the New Year, National Mortgage News is taking a look at the biggest trends and topics that will shape 2016.

CarVal Investors, which made its debut in the securitization market just last month, is back with a second helping of bonds backed by reperforming mortgages

Mortgage professional hiring and new job appointments for the week ending Dec. 11.

Eileen Serra, 61, the chief executive of the Chase Card Services unit, will step down in January and become an adviser to the company on growth initiatives, according to a memo Wednesday from Gordon Smith, JPMorgan's CEO of consumer and community banking.

The consumer lending market, including mortgages, will fully recover from the financial crisis by the end of 2016, according to a forecast by TransUnion.

Fannie Mae has updated its underwriter servicing tool to make it easier for servicers to determine the eligibility of distressed homeowners for a loan modification.

The number of homes in foreclosure and the rate of completed foreclosures both declined in October, CoreLogic said.

Freddie Mac has sold about $1.1 billion of seriously delinquent loans serviced by Wells Fargo.