Mortgages

The gap between how much homeowners think their home is worth compared to appraisers' values has grown wider, according to a Quicken Loans report.

The Consumer Financial Protection Bureau's "qualified mortgage" rule has put a damper on the recovery of the housing market, according to an American Bankers Association survey.

Foreclosures might seem like yesterday's news, but banks are still busy with the cleanup phase of the housing crisis. The situation is producing some herky-jerky housing statistics, and prompting calls for more reforms in states like New York still suffering from stalled dockets and blight.

The New York City Housing Development Corp. board approved a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.

Invitation Homes, a subsidiary of Blackstone Group, is back with its third single-family rental securitization of the year.

Coastal Banking in Beaufort, S.C., has promoted the head of its mortgage banking division to president of CBC National Bank.

Cerberus Capital Management is buying about 4,200 U.S. houses, expanding its foray into home rentals in the industry's largest bulk purchase.

Community Investment Corp. has raised $200 million from about three dozen banks to acquire and rehabilitate thousands of affordable rental-housing units in the Chicago area.

Small banks and nonbank lenders are originating commercial mortgages with lower credit quality than the loans originated by large banks, according to a Fitch Ratings report.

Millennials have been priced out of some of the biggest U.S. cities, with residential real estate prices rising even as wage growth remains elusive.

Three states — Florida, New York and New Jersey — held almost 30% of all seriously delinquent and active foreclosure homes nationwide in April, according to Black Knight Financial Services.

The regulatory burden for originators has not only been the main driver of acquisition activity in mortgages but also influences deal structures. Acquirers are looking to craft transactions so they don't get burned by targets' compliance lapses.

Securities issuers are increasingly worried that risk-retention requirements could hinder efforts to broaden the types of loans securitized through the private-label market as implementation for the new regulation nears.

The title insurance industry in the United States looked a whole lot better in 2014, according to a recent study by Fitch Ratings.

Guarantee Mortgage Corp. has agreed to pay a $228,000 fine to the Consumer Financial Protection Bureau on allegations that it violated rules dealing with loan originator compensation.

Ocwen Financial's shares had fallen nearly 7% Friday afternoon, to under $10 apiece, a day after Standard & Poor's Ratings Services put the company's servicer ratings on CreditWatch negative.

Lenders keep hiring as outlook for home sales and originations remains uncertain.

Mortgage professional hiring and new job appointments for the week ending June 5.

Goldman Sachs Group Inc. is in talks to pay $2 billion to $3 billion to settle a probe into its sales of mortgage bonds leading up to the financial crisis, according to a person with direct knowledge of the situation.

Getting together and sharing information and experiences should extend beyond executives throughout the mortgage industry to those we rely on most.