Mortgage defaults

Credit Plus in Salisbury, Md., has introduced loan repurchase insurance for mortgage lenders and servicers that use its verification products.

Home Equity Conversion Mortgage servicers have received an additional three months to explore loss mitigation options when borrowers or their spouses have difficulty paying their property taxes and insurance.

Amherst Holdings plans to market $400 million worth of bonds backed by single-family rental homes, according to Trepp.

The nonperforming loan situation continued to improve in November, as the national inventory of foreclosed homes dropped to pre-recession levels, according to CoreLogic.

Consumers increasingly fell behind on their payments in several loan categories in the third quarter as economic growth cooled.

The commercial mortgage-backed securities delinquency rate finished 2015 at a six-year low, according to Fitch Ratings.

Wells Fargo & Co. has promoted Carmen Bell to senior vice president of its mortgage default servicing unit.

Home prices across the country rose 6.5% year-over-year in November 2015, including distressed sales, according to CoreLogic.

The delinquency rate on commercial mortgage-backed securities rose slightly in December, according to Trepp.

The plunge in oil prices may jeopardize almost $125 million of securitized loans backed by real estate in North Dakota, as drillers in the state scale back operations, Morningstar Credit Ratings said.

The strong recovery in commercial real estate has enabled borrowers to resolve a lot of problem loans made before the financial crisis, but Fitch Ratings continues to expect no recoveries from "hope notes."

The rate of mortgage loan delinquencies fell in November, according to Black Knight Financial Services.

President Obama is expected to sign a bill passed by both the House and Senate that grants extensions on a number of tax benefits enjoyed by individuals and corporations, including a number of temporary provisions that the real estate industry sought.

Fannie Mae's final risk-sharing transaction of the year was with reinsurers.

All servicers that are part of the national mortgage settlement — except Ocwen Financial — passed metrics testing in the first half of the year, according to the settlement's monitor.

Default rates on various types of consumer loans improved in November, according to Standard & Poor's and Experian.

The commercial mortgage-backed securities delinquency rate improved from October to November, according to Fitch Ratings.

The number of residential properties with negative equity continued to decline in the third quarter, according to CoreLogic.

The consumer lending market, including mortgages, will fully recover from the financial crisis by the end of 2016, according to a forecast by TransUnion.

The number of homes in foreclosure and the rate of completed foreclosures both declined in October, CoreLogic said.