Mortgage defaults

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.