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Citigroup plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans.
January 30 -
Former Jefferies & Co. managing director Jesse Litvak was convicted for a second time of defrauding customers on trades of mortgage-backed securities but only on one of 10 criminal counts.
January 27 -
Jefferies Group has added a third lender to its latest securitization of a mortgage warehouse facility.
January 27 -
Nearly a third of the loans in the nonagency space will likely see prepayments cut in half if refinancing incentives disappear due to higher interest rates, according Morningstar Credit Ratings.
January 26 -
Invitation Homes, the real estate investment trust controlled by private equity firm the Blackstone Group, has found a new source of financing for its portfolio of single-family rental homes: Fannie Mae.
January 26 -
Old Republic International's title insurance business had a 78% year-over-year increase in fourth-quarter net income, as net premiums earned were up by 13% and claims costs declined by 86%.
January 26 -
The mortgage industry loves to abbreviate its jargon. Test your knowledge of these 10 key industry terms.
January 26 -
Nonprime mortgage securitization has roughly doubled each of the last two years, and it shows no signs of stopping, according to Fitch Ratings.
January 26 -
Mortgage interest rates increased for the first time in 2017, ending a run of three weeks where they were down, according to Freddie Mac.
January 26 -
Radian Group reported fourth-quarter net income of $61.1 million, down 18% from $74.5 million for the same period in 2015.
January 26





