Mortgage defaults

Federal regulators warned mortgage servicers Monday that they will still expect them to offer loan modifications to distressed homeowners even after the Home Affordable Modification Program expires at yearend.

Multifamily family construction is reaching the point where some markets can't absorb the new supply of units.

Fannie Mae has priced its Connecticut Avenue Securities, the series 2016-C04, at tighter spreads to its previous deal, completed in April.

MGIC Investment Corp. earned $109 million in the second quarter, as an income tax provision for the period cut into net income.

Think the $1.9 billion "house" mortgage securitization that JPMorgan completed in April was big?

There was a decline in loan modification activity in May both for year-over-year and month-to-month comparisons, according to the Hope Now alliance.

Fannie Mae has selected affiliates of Lone Star Funds and Neuberger Berman as the winner of six pools of nonperforming loans.

Homes that were foreclosed on during the housing crisis have since gained nearly twice as much value when compared with other homes, according to Zillow.

Foreclosure inventory and the number of completed foreclosures both dropped in May compared with a year ago, according to CoreLogic.

Just 2.8 million borrowers remain in negative equity, a 13% decrease year-over-year, according to Black Knight Financial Services.

Ocwen Financial Corp. has converted more than 4,100 trial plans into permanent modifications through the Treasury Department's streamlined modification program.

Late payments on securitized commercial mortgages moved noticeably higher in June, as several large loans failed to pay off at maturity.

Quontic Bank, a Community Development Financial Institution in New York, is offering a product reminiscent of crisis-era no-doc and low-doc loans. But does this "Lite Doc" loan carry the same risk?

Millions of Americans lost their homes to foreclosures or short sales during the housing crisis. Fortunately for the economy, time heals most wounds — and credit reports.

The Dec. 31 expiration of the Home Affordable Modification Program will have a limited negative effect on residential mortgage-backed securities from 2008 or earlier, according to Moody's Investors Service.

The U.S. mortgage market is of course considerably smaller, safer and less accessible than it was nine years ago.

The Federal Housing Finance Agency’s first report on the sales of nonperforming loans owned by Fannie Mae and Freddie Mac may seem discouraging at first.

Nonperforming loan investors will have to consider principal reductions and offer more sustainable loan modifications.

The Federal Housing Finance Agency is soliciting industry input on how to improve Fannie Mae and Freddie Mac's credit risk transfer transactions, for the first time considering front-end transactions rather than back-end deals.

The Federal Housing Finance Agency wants mortgage servicers reaching out to delinquent borrowers to be exempt from tough restrictions on robo-calling. But the idea is being panned by consumer groups, who say it would give a free pass to mortgage servicers that have a record of consumer-protection violations.