Mortgage defaults

The Urban Institute's Housing Finance Policy Center has created a new initiative aimed at addressing skyrocketing mortgage servicing costs.

A homeowner's equity position is one of the many factors that drive property transitions between owner-occupied and rental status, according to a study from the Mortgage Bankers Association's Research Institute for Housing America.

Cerberus Capital Management is marketing its first securitization of reperforming mortgages of the year.

Late payments on securitized commercial mortgages fell modestly in January, bucking the recent trend.

Old Republic International's title insurance business had a 78% year-over-year increase in fourth-quarter net income, as net premiums earned were up by 13% and claims costs declined by 86%.

Nonprime mortgage securitization has roughly doubled each of the last two years, and it shows no signs of stopping, according to Fitch Ratings.

A $90 billion wave of maturing commercial mortgages, leftover debt from the 2007 lending boom, is laying bare the weak links in the U.S. real estate market.

Federal banking agencies have levied a $65 million fine against Fidelity National Financial subsidiary ServiceLink Holdings over deficiencies in the foreclosure-related services provided by its predecessor company.

A bond-market startup is a step closer to reviving crisis-era derivatives that let investors bet on U.S. homeowner defaults.

The foreclosure presale inventory rate fell year over year by 30% in December, signaling the most improvement of any year on record, according to Black Knight Financial Services.