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Most commercial mortgage-backed securities delinquencies peaked at 10.34% in the middle of 2012 and fallen since then, but the 2007 vintage's remain high with an average delinquency rate of 14.6% over the past 12 months, according to Trepp.
March 25 -
Moody’s Investors Service said it would not give any classes of JPMorgan’s new jumbo securitization its top rating due to weaknesses in its structure.
March 25 -
Just about everyone deserves a second chance when it comes to challenges faced in life.
March 25
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The banking crisis in Cyprus and European market volatility had a bump in the road effect on the performance of securitized commercial mortgage loans.
March 25 -
The appellate court reversed and allowed the plaintiff to sue JPMorgan Chase for fraud and breach of written contract.
March 25
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There are these times in the rate/economy curve when those who run mortgage businesses have some serious decisions to make.
March 25
Mortgage Network -
Nationstar Mortgage Holdings Inc. is in settlement talks with an investor group that sued the mortgage servicer over auctions of home loans backing securities.
March 25 -
CUNA Mutual has filed claims over $72 million of troubled MBS it bought from RBS Securities that were rated by S&P.
March 25 -
People who worked in the financial industry on the eve of the mortgage meltdown may themselves have believed in the seeming inevitability of rising home prices.
March 25 -
SharperLending LLC has partnered with Equifax to provide its lenders and resellers with a mortgage fraud identification and prevention tool that helps them track a borrower’s credit activity.
March 25 -
The downgrades indicate that the bonds have incurred a principal write-down or are interest-only classes that have a notional balance off of a class that incurred a principal write-down, according to the company.
March 25 -
Expecting the same employees who have been doing refis the past two years to start doing purchase mortgages well may be unrealistic.
March 22
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Real estate appraisal services provider IRR-Residential, in the wake of a restructuring and spin-off from Integra Realty Resources, has changed its name to Accurity Valuation.
March 22 -
A growing scarcity of well-located finished lots for builders could temporarily put a damper on new home construction momentum, according to a Fitch report.
March 22 -
Under the three-year mortgage initiative, borrowers can receive an equity loan of up to 20% of the value of a new home, which is payable once the home is sold.
March 22 -
Multiple bankruptcies suffered by various developers who have tried to fashion something out of the Ritter Ranch property over the years have resulted in an incomplete infrastructure and a long list of bond default notices.
March 22 -
In July of 2010 a Mr. Johnson-El recorded an Affidavit of Allodial Title with the Wayne County Register of Deeds against a certain residential home.
March 21
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Melanie Feliciano, the chief legal officer at DocMagic, spoke on a panel with Roger Fendelman of Interthinx about vendor management and technology changes resulting from the Dodd-Frank rules.
March 21 -
Despite high unemployment, the recovery in the housing market has created a shortage of carpenters, framers, roofers, and plumbers, according to the National Association of Home Builders.
March 21 -
According to new Census data, home equity losses due to the foreclosure crisis took a toll on household wealth and pushed older Americans deeper in debt.
March 21






