Mortgages

Post-closing document management has taken on new importance in the mortgage industry, particularly in light of record foreclosure volume, the robo-signing scandal and subsequent regulations and scrutiny.

Mortgage fraud risk through the end of 2012 is at its highest level in three years.

New-home sales jumped nearly 16% in January to a level not seen since the summer of 2008.

Commercial mortgage real estate investment trust iStar Financial Inc. lost $87 million in 4Q12 and $273 million for the full year.

Increased commercial mortgage-backed securities issuance has brought several new B-piece buyers to market.

FDIC-insured institutions originated $765.4 billion in single-family loans in 2012, up nearly 50% from the year prior.

Radian is looking to sell up to 30 million shares of its common stock.

Special servicer Wingspan Portfolio Advisors reached an agreement with JPMorgan Chase to acquire its mortgage servicing operation in Florida.

Community bankers are growing increasingly concerned that the Consumer Financial Protection Bureau will eliminate one of their bread-and-butter products: balloon loans.

House prices reversed course in 2012 after falling 4.1% the year prior, according to the S&P Case-Shiller 20-city house price index.

As the overseer of mortgage giants Fannie Mae and Freddie Mac, the Federal Housing Finance Agency has a duty to safeguard taxpayer dollars.

Since 2007 when the volume of delinquent mortgage loans increased to unprecedented levels, while surprised and unprepared, servicers started to reinvent their business and adjust to the new reality.

We're hearing in the last few years, private equity, hedge funds and Wall Street types have eyed the distressed housing market for buying opportunities.

Electronic signatures can help mortgage originators increase their sales, move things quicker through the process and as a result get better prices for their loans from investors.

All but two of the member stocks of the Mortgage Industry Equity Composite sank on Monday along with the rest of the market as investors reacted to uncertainty in the market, including the results of the Italian election.

The celebrity spokesman performed well in the post-race interview.

Among the driving factors of the housing market will be household formation and desire for homeownership.

Brazilian pepper is an ornamental plant imported into the United States which has now become classified as an invasive species.

Lenders will handle an estimated 1.5 million maturing lines of credit per year in the next several years.

Benedict Group Inc. has added a series of automated data bridges between its loan servicing software and the CRE loan origination and asset management software of The Rockport Group.