Mortgages

The rate of new foreclosures dropped to the lowest level in eight years as rising property prices erased negative equity and allowed more delinquent homeowners to sell without losing money.

Here is a list of 18 items loan officers should consider when talking with their current or future employers, including who owns the database.

The rapid growth and increasing regulatory scrutiny of nonbank mortgage servicers could "severely" affect the whole industry, Mortgage Bankers Association Chairman-Elect Bill Cosgrove says.

There are many conversations that take place during the mortgage process, and a lot of them are conversations between players in the industry.

A financial reform group hoping to block the government's $13 billion settlement with JPMorgan Chase faces a steep uphill climb.

Deciding which of your marketing programs you need to continue and which ones to put on hold when your work load increases.

The volume of complaints lodged by distressed borrowers to four of the largest U.S. banks has stabilized, the monitor for the national mortgage settlement says.

"Servicers now face compensatory fees, not for mistakes or unreasonable delays, but simply as the cost of doing business," Mortgage Bankers Association President David Stevens says.

Steven Antonakes, the CFPB's deputy director, gave a speech which indicated the agency has shifted to a hard-line stance regarding compliance with a new mortgage servicing rule that went into effect last month. 'Business as usual has ended in the mortgage servicing industry,' he said.

The largest U.S. bank's apartment loan business is mushrooming, aided by Fannie Mae and Freddie Mac retrenching. Now JPMorgan is refocusing on a market where, surprisingly, it lags: New York.

The company, started in 2010 after the mortgage crisis, wrote $4.5 billion of new insurance in the fourth quarter, only about $400 million less than market veteran Genworth.

A trend of fewer homeowners refinancing their mortgages as interest rates climb is helping to curb sales of home-loan bonds without government backing.

The pace of home construction declined more than forecast in January, indicating an unusually harsh winter probably played a role in slowing projects.

The new master policy rules affects the relationship with the mortgage lender.

Tom Barrack’s Colony Capital is teaming with two other single-family rental-home landlords to offer as much as $1 billion in loans to similar operators this year, said three people with knowledge of the agreement.

Platinum Data Solutions has completed an initial round of accuracy testing on the 18 automated valuation models that it resells to lenders and servicers.

The Community Home Lenders Association is concerned the high fees will be more of a drag on home purchase volume as interest rates rise.

Appraisal management company and property asset manager LRES restructured its REO department by assigning separate teams of employees to distinct tasks across the property disposition lifecycle.

Prospect Mortgage entered a $3.1 million settlement with California regulators for overcharging mortgage borrowers per diem interest over a seven-year period.

Thousands of lenders post oceans of data each year to meet Home Mortgage Disclosure Act obligations. There may be more reporting requirements coming. Will the value of the new transparency outweigh the added compliance burden to lenders?