Servicing

Blackstone Group is offering the first securities of 2015 tied to rental homes, the start of what Morgan Stanley analysts predict may be a more than doubling of issuance this year in the nascent market for such debt.

The number of homes in some stage of foreclosure dropped 36% in November compared to the previous year, according to a report Wednesday from CoreLogic.

The unpaid principal balance of delinquent commercial mortgage-backed securities delinquencies fell by 23% as of Dec. 31 compared with the same day one year prior in 2013, according to Fitch Ratings.

The U.S. Supreme Court gave homeowners more ability to cancel their mortgages if lenders don't provide the required disclosures, in a setback for the banking industry.

Ocwen Financial Corp., one of the biggest U.S. mortgage servicers, fell the most ever after a newspaper reported that California is seeking to suspend its license.

Industrywide standards of best practices are a topic that deserves consideration by everyone involved. We should prove that common sense still can prevail.

There remains a clear difference in the housing recovery among home price tiers, according to the November Mortgage Monitor from Black Knight Financial Services.

MGIC Investment Corp. said on Friday that its delinquent inventory dropped slightly in December compared to a month earlier.

FirstKey Mortgage, an entity linked to Cerberus Capital Management, is planning a securitization of reperforming residential mortgages, according to Fitch Ratings.

Home values have risen fastest in markets where institutional buyers bought up scores of foreclosed homes and then rented them out. But these investor have largely curtailed their buying, and may even be ready to start selling off more properties to profit from the run-up in home prices. That could be good news for first-time buyers.