Mortgages

Unless we are willing to consider housing policies that reflect the economic conditions young adults in this country are actually facing, we will never solve the problems in U.S. housing markets.

Ocwen Financial's termination as servicer of two residential mortgage securitizations has no immediate impact on the strength of the company, but it does set a "negative precedent" that could eventually lead to the servicer being fired from more deals, Moody's Investors Service warns.

The City of New Orleans is planning its first online auction to sell 1,786 adjudicated properties.

Nonbank mortgage lenders cut 6,000 jobs in January, erasing four months of job growth in the sector, the Bureau of Labor Statistics said Friday.

Mortgage professional hiring and new job appointments for the week ending March 6.

Mobile has exploded on the consumer side and financial institutions are realizing that they have to make services available on these devices.

Asset manager Distressed Capital Management bought more than $207 million in reperforming and nonperforming whole loans from the Royal Bank of Scotland in late February.

Four years after agreeing to an initial settlement, Bank of America has won court approval for its $8.5 billion settlement with investors over Countrywide's mortgage practices. Here's an update on all the other big mortgage litigation outstanding.

Mortgage rates have dropped for the first time in four weeks, according to Freddie Mac's weekly survey.

Farmer Mac and Conterra Asset Management have launched a joint venture offering agriculture appraisal services nationwide.

Mortgage credit availability increased slightly in February, according to the Mortgage Bankers Association Thursday.

The government sweep of profits from Fannie Mae and Freddie Mac was defended by the top Treasury Department housing official, who called again for Congress to replace the U.S.-owned mortgage-finance giants.

JPMorgan's follow-up RMBS to its first securitization of 2015 involves a much smaller pool of mortgages.

There are better ways of picking an originator to work with than just looking at a price comparison tool.

Some newcomers to mortgage servicing did not hedge because hedging would have increased costs. Had rates moved up, the strategy would have paid off handsomely. Instead, it worked against them.

More than half of borrowers with home equity lines of credit that will reset this year have seriously underwater properties, and that risk is likely to grow further next year.

The Federal Housing Finance Agency won't keep renewing initiatives like the Home Affordable Refinance Program in perpetuity, even if it is extended again before it expires in December, Director Mel Watt said Wednesday.

Weaker appreciation in the low end of the housing market, combined with higher costs to originate mortgages tied to new regulatory compliance obligations, make smaller loans less attractive for lenders.

Hope Now said nearly 1.9 million homeowners received some sort of mortgage assistance in 2014.

Wells Fargo priced $927 million of commercial mortgage securities via its Wells Fargo Commercial Mortgage Trust 2015-C27 series, according to a pricing document.