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Buyers of the unrated B tranche, which transfers the first 100 basis points of losses when homeowners default, will be paid a spread of 795 basis points over one-month Libor.
June 3 -
After a "landmark" first-quarter driven by mortgage origination gains, Flagstar Bancorp is counting on mortgage servicing and community banking to spur future growth.
June 2 -
Walter Investment Management Corp. is preparing to refinance and retain loans through other channels after the HARP ends in 2016.
June 2 -
National home prices, including those of distressed properties, increased 6.8% this past April from where they stood a year before.
June 2 -
The Supreme Court issued a ruling Monday that said second mortgage liens cannot be voided in bankruptcy, even when the first lien is underwater.
June 1 -
The delinquency rate for commercial and multifamily mortgages improved in the first quarter for most categories of investor, on higher property income, rising property values and a strong finance market.
June 1 -
LenderLive in Denver has acquired Walz Group, a provider of certified mailing services.
June 1 -
Constraints on GSE loan volume and an overall dearth of liquidity were among the biggest issues at hand during the Mortgage Bankers Association's Secondary Market Conference in New York. Here's a recap of the event.
May 29 -
A Florida court on Friday sided with the Consumer Financial Protection Bureau and the state over claims that a law firm charged illegal fees to consumers seeking foreclosure relief.
May 29 -
There could be a new wave of delinquencies among home equity line of credit borrowers as a large percentage are moving into the repayment phase, a report from Experian said.
May 29






