Mortgages

Thirty-year conventional prepayment speeds increased 4% in December from the previous month.

During December, Mortgage Guaranty Insurance Corp. had $2.2 billion of primary new insurance written, similar to November.

Nationstar Mortgage Holdings’ acquisition of $215 billion in mortgage servicing rights from Bank of America will double the size of its servicing portfolio.

United Shore Financial Services has promoted the head of its wholesale mortgage unit to become its president.

The country's largest undercapitalized bank, U.S. Century Bank of Doral, Fla., raised $30 million in December through the sale of three loans.

Bruce Felt brings nearly 25 years of experience in financial operations and management in the technology sector to the web-based acution company.

Under the deal, the 10 servicers will pay $3.2 billion to borrowers and offer an additional $5.5 billion in unspecified "other assistance."

In purchasing the servicing rights to 650,000 Fannie Mae loans from Bank of America, Walter Management is looking to refinance over 45% of those loans through the Home Affordable Refinance Program.

The highest share of consumers in the two-and-a-half year history of Fannie Mae’s housing survey expects home prices to increase in the next 12 months.

Making sure your clients know in any interest rate environment that you are looking out for their needs and goals.

The housing industry is starting 2013 off on a positive note as the number of improving markets rose for the fifth straight month.

A Mortgage Grapevine poster who is an expert in the USDA program has let the community know that the government agency has come out with a new underwriting matrix.

Almost 55% of the loans financed through a commercial mortgage-backed security execution reaching their balloon date were paid off in December.

Veri-Tax and its subsidiary, Verification Bureau, have launched a Form 4506-T electronic signature solution.

The recent sale of a nearly vacant mall in Kentucky serves as a good case study in unwinding troubled loan participations.

The flat fee compensation concept, which many loan officers in the industry dread, has now spread to the property valuation business.

Some servicing technology related assets will be accounted for in this transaction, but no mortgage loans or mortgage servicing rights.

An appeals court has overturned the previous dismissal of a case involving the rights of surviving, non-borrowing spouses of Home Equity Conversion Mortgage borrowers.

Prices for the commercial real estate loans that comprise mortgage-backed securities rose in November.

Federal bank regulators have reached an agreement with 10 of the 14 banks conducting independent foreclosure reviews.