Mortgages

Walter Investment Management Corp. subsidiary Ditech Financial has relaunched a wholesale lending channel.

Progress Residential is refinancing its first securitization of single-family rental properties.

While many depositories do just enough mortgage lending to low- to moderate-income borrowers to meet statutory requirements, The Federal Savings Bank has made it a backbone for growth.

Foreclosure inventory and the number of completed foreclosures both dropped in May compared with a year ago, according to CoreLogic.

Citigroup's next commercial mortgage securitization has heavy exposure to split loans that serve as collateral for a number of other transactions.

The management team at Bank of the Ozarks knows it has a dependency on commercial real estate. But they assert that sound underwriting, and efforts to diversify, are what really matters when assessing risk.

Just 2.8 million borrowers remain in negative equity, a 13% decrease year-over-year, according to Black Knight Financial Services.

Banks frequently blame "the rules" in shunning partnerships with fintech startups. However, compliance can be a positive force, not something that inhibits growth.

Mortgage credit availability dropped for the fourth consecutive month in June, the Mortgage Bankers Association reported.

Although the Consumer Financial Protection Bureau doesn't mandate doing so, lenders' best chance to stay compliant with future data initiatives and regulatory changes is to implement standards set by the Mortgage Industry Standards Maintenance Organization.

Ocwen Financial Corp. has converted more than 4,100 trial plans into permanent modifications through the Treasury Department's streamlined modification program.

Late payments on securitized commercial mortgages moved noticeably higher in June, as several large loans failed to pay off at maturity.

Nonbank lenders and brokers added 500 new workers to their payrolls in May.

Refinance requests have skyrocketed due to falling mortgage rates after voters in the United Kingdom voted to leave the European Union, according to Zillow.

Intensive year-long program features program managers as coaches, business segment rotations and even group hugs.

Mortgage professional hiring and new job appointments for the week ending July 8.

Fifth Third Bancorp has named Edward Robinson senior vice president and head of Fifth Third Mortgage.

Manhattan renters left their apartments in search of better deals last month, pushing back against landlord price increases and taking advantage of a flood of new choices on the market.

Calling the crazy-idea department…a U.S. Bancorp-branded bus is more than halfway through a cross-country, social-media-tracked journey to promote community development and alter its profile. It's an example of the new style of reputation-oriented marketing being pursued by banks.

Home purchase sentiment has fallen as more people have turned negative on the economy's outlook, according to Fannie Mae.