Risk management

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.

Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.

The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.

CoreLogic has released a new platform that provides information on lien and equity positions for whole loan traders and servicers.

High origination volume and increased nonbank participation fueled another banner year for warehouse lenders, according to The Reynolds Group.

Black Knight Financial Services has launched a new tool that identifies potential liabilities to reduce title insurers' claims.

Phyllis Caldwell has put a priority on ensuring the company's board and workforce look more like the borrowers whose mortgages it services.

In the aftermath of enforcement actions, non-executive chair Phyllis Caldwell is directing the special servicer's efforts to diversify its leadership and business model.

Invictus Capital Partners, a nonprime mortgage lender based in Washington, D.C., is making its debut in the securitization market.