Mortgage defaults

Stewart Information Services Corp. has terminated Jason Nadeau, group president of the company's mortgage and title services, according to an 8-K filing dated March 1.

The delinquency rate on commercial mortgage-backed securities continued to fall significantly for the month of February, according to Trepp.

Freddie Mac has expanded the amount of ongoing loan-level data it discloses about mortgages it insures in an effort to boost appetite for reinsurance.

Ocwen Financial Corp. and Walter Investment Management Corp. both recorded full-year losses in 2015, though that is where comparisons between the two companies cease.

PHH Corp. reported a bigger loss in the fourth quarter, on costs to restructure its business and a loss on sales of mortgage servicing rights.

Fannie Mae has sold a pool of about $13.2 million of nonperforming loans to New Jersey Community Capital.

Nationstar Mortgage is in the market with the second rated securitization of what are nonperforming Home Equity Conversion Mortgage loans, according to Moody's Investors Service.

Mortgage loan delinquencies declined in January, according to Black Knight Financial Services.

The number of properties in foreclosure nationwide declined in January, according to RealtyTrac.

NMI Holdings should become profitable for the first time in the second half of 2016 as its insurance-in-force is expected to go over $21 billion.

A public interest coalition is calling on bank regulators to declare the drinking water contamination in Flint, Mich., a "disaster" and encourage lenders from around the country to extend credit to the area in order to counteract the damage.

Troubled loans no longer overwhelm the market, but there could be smaller outbreaks that servicers must be ready to deal with, a real estate services vendor says.

Residential mortgage delinquencies dropped in the fourth quarter, as employment numbers improve and housing prices increase, according to the Mortgage Bankers Association.

At the onset of the millennium, house flippers — people who purchased imperfect homes, renovated them and resold them at a profit mere months later — ran rampant in U.S. housing markets.

Mortgage delinquency levels fell about 30% last year, even as borrowers received more credit, according to TransUnion.

Low borrowing costs and rising home values are just two of several reasons why owning a home is far less burdensome than it was a decade ago.

Investors continue to demand additional yield for exposure to defaults on loans insured by the Fannie Mae.

Fannie and Freddie have been selling pools of delinquent mortgages at auction to the highest bidders. Community groups say the Federal Housing Finance Agency should be giving preferential treatment to nonprofits and community development financial institutions.

United Guaranty reported pretax operating income of $644 million for 2015 while its new insurance written increased by 21%.

Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.