Mortgage defaults

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.

Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.

The number of homes in negative equity continued to shrink, but overall levels of negative equity remain high and are holding back a full-scale housing market recovery, according to Zillow.