Mortgages

The combined effect of lower volumes of underperforming loans and improved workout practices helped improve the traffic of delinquent, securitized commercial mortgage loans that go in and out of special servicing.

Ocwen recorded earnings gains and record revenue in the fourth quarter fueled in part by merger, acquisition and sales activity.

Despite regional issues, year-over-year the nation's foreclosure inventory has fallen for 15 consecutive months to less than 3% of all mortgages.

Unlike other types of loans that community banks have historically made, commercial and industrial loans require ongoing monitoring, along with sound models and concentration caps, industry experts say.

The average rate for a 30-year fixed-rate mortgage dropped five basis points from the previous week to 3.51%.

Federal Reserve Board Chairman Ben Bernanke accepted responsibility on behalf of regulators for a troubled independent foreclosure review process.

DBRS and Fitch have rated Credit Suisse’s first prime residential mortgage securitization of 2013, noting that its representations and warranties are stronger than those in its previous post-crisis jumbo deal.

The national loan delinquency rate fell on a monthly and annual basis through January, Lender Processing Services said.

The qualified mortgage rule issued by the Consumer Financial Protection Bureau could be disruptive to the FHA single-family program, so the Department of Housing and Urban Development is starting the process of issuing its own QM rule.

Higher-priced homes in Los Angeles and the Bay Area have been leading the market’s recovery.

The member stocks of the Mortgage Industry Equity Composite benefited on Wednesday from the good news regarding pending home sales.

PacTrust Bank will start funding loans through the warehouse and correspondent programs in March 2013.

In 2012, data from RealtyTrac revealed that preforeclosure sales increased 6% on an annual basis, while REO sales fell 15% during this time period.

Freddie Mac plans to offer its second K deal backed exclusively by five-year multifamily collateral.

A pair of investors unhappy with a proposed equity offering/debt tender made by CommonWealth REIT have filed suit in a Maryland state court.

The Voice of Reason first made a post on the Mortgage Grapevine asking “Would you tell a family member not to buy a home right now?”

Specialized Business Software has enhanced its Docunym Document Management Solution tool to help mortgage servicers automate loan processing in compliance with federal and state level regulation.

We're hearing a personal sigh of relief that I survived unharmed at the MBA servicing show last week despite my personal attack in this paper on the hometown Dallas Cowboys.

The House Financial Services Committee will schedule hearings on the regulation of Fannie Mae and Freddie Mac and the competitive advantages FHA has over private insurers.

Moody's Investors Service has downgraded 16 of roughly 130 tranches backed by $2 billion in subprime mortgage loans.