Capital markets

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.

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.

Industry critics argue the Invitation Homes deal will create new risks for Fannie Mae and remove affordable inventory from homebuyers.

Freddie Mac is considering backing loans that finance single-family rental homes for the first time, mirroring a controversial transaction that Fannie Mae disclosed in January.

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.

The Mortgage Bankers Association has partnered with Altisource subsidiary Lenders One Cooperative, providing the organization's members with expanded benefits.

Deutsche Bank wants to finance hedge fund purchases of subprime loans in order to meet the terms of its $7.2 billion settlement with the U.S. government.

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

Profits at Mill Valley, Calif.-based Redwood Trust shrank during the fourth quarter, reflecting lower interest income and net losses on the fair value of investments.

The trend of embracing risk-based pricing in conventional mortgage fees and loan-level pricing should be reversed. Instead, credit risk should be pooled to ensure all creditworthy families have access to their American dreams.

The bank is holding on to $31.7 million of the notes to be issued in the $635 million conduit transaction in order to comply with risk retention rules, according to ratings agency presale reports.

Although issuance of residential mortgage-backed securities remains down from a year ago, the number of nontraditional deals is continuing to grow, according to Moody's Investors Service.

Driven by investor uncertainty, mortgage interest rates have moved by two basis points or less for four consecutive weeks, according to Freddie Mac.

U.S. Treasury Secretary Steven Mnuchin's seriousness about overhauling the nation's $10 trillion mortgage market will soon be tested.

Republican lawmakers are citing a recent report that delinquencies rose for loans guaranteed by the Federal Housing Administration as a reason to delay a premium cut, but economists suggest the uptick is related to seasonal issues.

Economic growth and lasting positive change within the mortgage industry require carefully considered strategy and close analysis of potential scenarios, not hastily-conceived executive orders.

Commercial mortgage loan originations in 2017 are expected to increase 3% over last year to a record high, as market fundamentals and property prices remain strong, according to the Mortgage Bankers Association.