Mortgages

The deal resolved claims relating to the underwriting and servicing of loans in more than 300 residential mortgage-backed securitization trusts.

Ocwen Financial came under fire from Joseph A. Smith, the monitor of the national mortgage settlement, after concerns of conflicts of interest were raised by an unnamed whistleblower.

A new report suggests that the credit quality of residential mortgage-backed securities will continue to improve in 2015.

The amount of commercial and multifamily mortgage debt outstanding rose to a record high in the third quarter, according to the Mortgage Bankers Association.

AmeriSave Mortgage Corp. in Atlanta has closed on its acquisition of CertusBank's mortgage business.

If the Securities and Exchange Commission bans Standard & Poor's from rating commercial mortgage-backed securities, as it is reportedly planning to, bonds backed by a single, large asset would be hit disproportionately, according to JPMorgan.

New-home construction exceeded a 1 million annualized pace in November for a third consecutive month, continuing a slow recovery in the housing market.

Mortgage fraud remains a national problem as loan applications have seen misrepresentations increase on an annual basis for three consecutive years, according to LexisNexis Risk Solutions.

Lenders concerned about maintaining vendor oversight compliance may require title insurance and settlement firms to adopt the American Land Title Association's quality standards, even though the industry guidelines are only voluntary.

Marketplace lender Social Finance may pursue a larger initial public offering than expected, CEO Mike Cagney said. Progress in its mortgage business and a new lending app will be pivotal to the company's future, he said.

Impac Mortgage Holdings in Irvine, Calif., is currently in negotiations to acquire an unnamed mortgage originator, the company said in a recent regulatory filing.

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.

The private equity firm Aquiline Capital Partners has reached an agreement to become the majority investor in LenderLive Network.

Confidence among homebuilders hovered in December close to a nine-year high, indicating the residential real estate recovery continues to make progress.

The third and final part of this series tells how to establish a business model acceptable to the CFPB.

More than 1.8 million Americans have sought help keeping their homes from the National Foreclosure Mitigation Counseling Program. Hundreds of thousands more still need help, according to the program's administrator.

While evolving market conditions have made retaining servicing rights more attractive to independent mortgage bankers, making the right choice between an in-house operation or engaging with a subservicer is critical to the new business line's success.

Despite the mounting charge from burgeoning nonbank servicers, three large banks still control the majority of the servicing market.

The past few weeks will likely go down in history as the tense time period when two famous people suffered health ailments that at first seemed very serious but later turned out to be false health alarms.

Commercial mortgage-backed securities risk as measured by an index of underwriting and macroeconomic variables is up 11 points from 2013. That's still below its 2007 level, a researcher noted Thursday.