Mortgages

Nationstar Mortgage Holdings Inc. is issuing notes to finance its purchases of residential mortgage servicing and for other purposes.

FHA lenders originated $51.8 billion in purchase mortgage loans during the first four months of fiscal year 2013, compared to $39.5 billion during the same period in FY 2012.

Outsourcing firm Indecomm Global Services has launched new foreclosure assignment services for use in the creation, execution, recording and tracking of foreclosure assignments as well as the verification of the title on the property.

Life company commercial mortgage investments had a return of 7.48% for all of 2012, including 1.85% in the fourth quarter, according to the LifeComps Commercial Mortgage Loan Index.

Mortgage bankers are not too worried about a new housing bubble forming as national real estate values rise by 10% per year.

Kent Conrad, the former Democratic U.S. Senator from North Dakota, has joined the board of Genworth Financial.

The new mortgage banking company that KB Home and Nationstar Mortgage LLC are forming should be up and running by the end of this year.

Multiple bankruptcies suffered by various developers who have tried to fashion something out of the Ritter Ranch property over the years have resulted in an incomplete infrastructure and a long list of bond default notices.

Only vulnerable super-senior classes in commercial mortgage-backed securities are exposed to the risk of interest shortfalls that affected the super senior class of Morgan Stanley Capital I, according to Fitch Ratings.

An exclusive $828 million bulk Fannie Mae servicing portfolio with subsequent monthly co-issue flow servicing of $15 million-$20 million per month is up for bid.

Just three of the 17 Mortgage Industry Equity Composite stocks finished trading on Thursday ahead of their Wednesday close, as investors continue to worry about the situation in Cyprus.

Despite high unemployment, the recovery in the housing market has created a shortage of carpenters, framers, roofers, and plumbers, according to the National Association of Home Builders.

According to new Census data, home equity losses due to the foreclosure crisis took a toll on household wealth and pushed older Americans deeper in debt.

Home sales in Florida are up over 10% in February compared with the same month in 2012, Florida Realtors reported.

Cole Credit Property Trust III Inc. has rejected an unsolicited takeover bid from American Realty Capital Properties, stating it will maintain its plans to acquire Cole Holdings Corp.

The portfolio includes 11,400 loans with a weighted average interest rate of 3.76% overall and a weighted average interest rate of 3.91% on the 30-year fixed-rate product.

Benjamin Lawsky said the New York State Department of Financial Services investigation found insurers and banks built a network of troubling relationships and payoffs that helped drive premiums sky high.

The Mortgage Grapevine pays tribute to Peter Samuel Cugno, a forensic securitization mortgage loan auditor at Cugno & Associates.

The Federal Deposit Insurance Corp. plans to sell $221.1 million of securities backed by residential mortgages held by failed banks.

Freddie Mac and its regulator must do more to ensure loan servicers properly respond to complaints over handling of mortgages held or guaranteed by the U.S.-owned company, according to a government watchdog’s audit report.