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The delinquency rate for commercial and multifamily mortgages continued to improve for most categories of investors in the second quarter, continuing a trend from the first quarter, according to the Mortgage Bankers Association.
September 9 -
The national inventory of foreclosed homes and total completed foreclosures both fell in July, on a yearly basis, according to CoreLogic.
September 8 -
Total home equity in the United States mortgage market has risen nearly $1 trillion year-over-year to $7.6 trillion, the highest level since 2007, according to Black Knight Financial Services.
September 8 -
Walter Investment Management has reached a settlement with federal authorities over reverse-mortgage practices at a business unit.
September 8 -
The number of homes that are financially underwater decreased in the second quarter, as property values for the bottom third of the market saw faster rates of growth, according to Zillow.
September 4 -
Mortgage professional hiring and new job appointments for the week ending Sept. 4.
September 4
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About a fifth of the $163 million in credit Citi has earned under terms of the 2014 settlement would be considered extra credit. Citi can earn extra credit by doing things such as completing loan modifications early or reducing loan-to-value ratios below certain levels.
September 3
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If you have a modified mortgage made around the time of the U.S. housing markets peak, Cerberus Capital Management probably wants to buy it.
September 3 -
Blackstone Group LP acquired a "significant equity stake" in mortgage insurer PMI Group Inc.
September 3 -
New Jersey Community Capital in New Brunswick won a Fannie Mae auction of nonperforming loans.
September 2
