Mortgages

Home equity loans are one type of loan product expected to pick up as refinances dwindle, according to an ISGN executive.

Moody's Investors Service has corrected and upgraded the ratings of three vintage securities backed by subprime mortgage loans that were issued by Novastar Mortgage Funding Trust from 2003 and 2004.

A property manager and a straw purchaser admitted to participating in a multimillion-dollar scheme that defrauded financial institutions by using phony documents and straw buyers to make illegal profits.

Commercial mortgage-backed securities late-pays in August fell 10 basis points to 6.68%, a milder decline than the record 40 basis point month-to-month drop experienced in July.

Midland States Bancorp has agreed to acquire Heartland Bank and its subsidiaries from Love Savings Holding.

Mounting regulations—and legislation still to unfold—continue to cause an extraordinary amount of concern for servicers.

There is starting to be a shift in the dynamics of the housing market, which will mean future increases in home values will be driven by market demand rather than the shortage of homes for sale.

The industry is largely ready for new rules affecting procedures for force-placed insurance on residential properties, but not everyone is.

Shellpoint Partners' second sale of home-loan securities without government backing comes after the restructuring of its initial transaction.

U.S. Bancorp expects its mortgage revenue to drop 20% in the third quarter from the second period amid a decline in mortgage applications and mortgage production.

Seneca Mortgage Investments is planning to acquire AMS Servicing.

BlackRock’s request with other bondholders for a court order to block a plan by Richmond, Calif., to seize underwater mortgages through eminent domain is “not ripe,” a judge said.

Gerry Zobrist was sentenced to 87 months in prison for his involvement in a mortgage fraud scheme that caused more than $30 million in losses to lenders.

Of the 17 members of the Mortgage Industry Equity Composite, only three closed higher on Thursday than they did on Wednesday.

Fortress Investment Group hired Michael Nierenberg, Bank of America Corp.’s head of global mortgages and securitized products, as a senior executive in its private-equity business.

Kroll Bond Rating Agency has assigned preliminary ratings to six classes of mortgage pass-through certificates from another Shellpoint Asset Funding Trust deal.

For the most part what we are hearing is aggravation for title underwriters relating to their title agents.

Grant Mitchell, the former assistant general counsel at the Department of Housing and Urban Development known throughout the industry as Mr. RESPA, has died.

With homeownership levels continuing to decrease and more families entering the rental market, real estate companies will need to have data and analytics as part of their overall strategic analysis.

Analysts continue to address single-family foreclosure-to-rent properties as an emerging asset class, but there is consensus this segment of the REO market is on solid growth mode.