Mortgage defaults

Remember when nobody wanted to touch U.S. subprime-mortgage debt? That's just a distant memory as they deliver some of the bond market's best returns.

Radian Group Inc. agreed to sell its bond guarantor to Assured Guaranty Ltd. for $810 million to free up capital as the company prepares for tighter oversight of mortgage insurance.

Ocwen Financial has agreed to pay $150 million to New York regulators to settle allegations that it fudged foreclosure documents and said Monday that its founder and, executive chairman, William Erbey is stepping down after 30 years with the Atlanta company.

Recent data from Freddie Mac has provided new insights into loan losses across different mortgage types, Fitch Ratings said in a press release Thursday.

The $4 trillion in mortgages serviced by the largest financial institutions slightly improved in the third quarter with more loans back in performing status and fewer in serious delinquency, a regulatory report said Friday.

Bank of America Corp. and US Bancorp were sued by the agency that oversees federal credit unions, which claimed the banks failed as trustees over securities backed by home mortgages that defaulted after the 2008 credit crisis.

Treasury Secretary Jacob Lew's decision to give more help to homeowners who have already gotten mortgage assistance has sparked opposition from Republicans aiming to end President Obama's foreclosure prevention program.

New Residential Mortgage priced $504 million of bonds backed by a pool of mostly reperforming residential mortgages, according to Standard & Poor's.

Mel Watt, down payment, homeownership, Fannie Mae, Freddie Mac, FHA

With some proposals still outstanding, mortgage bond market participants are concerned that eminent domain attempts would spread if a municipality makes inroads with a proposal.

Foreclosure inventory fell 26.4% in the month of October compared to the same period last year.

San Francisco may become the biggest U.S. city to use its development powers to help homeowners avoid foreclosure, partnering with another California community whose own plan has come under fire from investors.

The Federal Housing Finance Administration has advised private mortgage insurers that it will delay the release of revised capital standards.

New York Attorney General Eric Schneiderman today announced the launch of a financial consumer education web app called AGScamHelp.

Nonbank mortgage servicers are already in the crosshairs of regulators. Now they will face even more scrutiny from Fannie Mae and Freddie Mac.

After years of working through the largest backlog of troubled loans this industry has ever seen, the technology in use today is proven and the executives who use it are well trained and capable.

The risk that the failure to refinance a loan collateralizing a single-family rental securitization would cascade into a "widespread" decline in property prices is low, according to Moody's Investors Service.

The national delinquency rate fell to a seven-year low through October, according to data from Black Knight Financial Services.

The Consumer Financial Protection Bureau issued a proposal Thursday that would institute new foreclosure protections for consumers after the agency found its previous mortgage rules didn't go far enough.