Servicing

Mortgage insurance companies Radian and MGIC on Monday reported fewer claims on delinquent loans compared to a year ago.

The Federal Housing Administration started selling distressed loans in 2012 to help communities hit hard by foreclosures while also reducing losses to its taxpayer-backed insurance fund.

Bankers joined loan guarantors in pushing the Federal Housing Finance Agency to ease proposed capital rules for mortgage insurers, saying the plan will make borrowing less affordable for homebuyers unless it's revised.

Commercial-mortgage bond buyers are girding for the biggest deluge of offerings in seven years just as the debt becomes harder to sell amid slipping underwriting standards.

Not every distressed borrower can, will or should get a modification. But in cases where they make sense, mod decisions should be swift and significant.

New regulation meant to ensure banks have enough easy-to-sell assets to survive a crisis is creating doubt over whether $1.1 trillion of mortgage debt qualifies, potentially hurting demand in a key cog of the U.S. home-finance system.

Cleveland's Third Federal Savings and Loan has started offering first-lien mortgage refinance and home equity line of credit loans in four new states, plus the District of Columbia.

Delinquency rates for commercial and multifamily mortgages improved during second quarter, according to a report Thursday from the Mortgage Bankers Association.

The Sept. 30 sale features eight pools and 15,000 defaulted loans.

The time has come for residential private-label mortgage-backed securities in Canada, but the market will look nothing like the United States'.