Risk management

Freddie Mac will soon allow automated underwriting of borrowers who lack scores but have other financial records.

Servicers are able to borrow more against their Ginnie Mae mortgage servicing rights as financing providers become more comfortable with the collateral.

Shellpoint is marketing another offering of private-label mortgage bonds backed primarily by loans it acquired rather than loans originated by its own New Penn subsidiary.

A startup lender is catering to tech-savvy, do-it-yourself borrowers by using online and mobile tools to replace the upfront sales and marketing work of salespeople.

Soaring home values have property taxes on the rise. Servicers must be vigilant about borrower payment shock that can add complexity to escrow services and portfolio management. Here's a look at the states with the largest tax hikes.

A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.

Walter Investment Management Corp. narrowed its fourth-quarter losses, as disappointed CEO Anthony Renzi called the nonbank lender and servicer's third consecutive annual loss "not acceptable."

Freddie Mac is preparing a transaction that transfers credit risk on $640 million of super-conforming residential mortgages.

Mill City Holdings is returning to market with its fourth securitization of reperforming residential mortgages, this time with a sliver of home equity lines of credit added to the mix of collateral.

Altisource Portfolio Solutions has launched a new mortgage trading platform for mortgage bankers and loan investors.