Risk management

Bank of America has settled a national class-action lawsuit brought by former employees who claimed they weren't paid for overtime work.

Residential mortgage servicers are once again tapping the securitization market to fund advances to bondholders for the first time since April 2014.

Credit Suisse is taking advantage of the relative calm in credit markets Thursday to launch its second residential mortgage securitization of the year.

In the world of property valuations, there's no such thing as the "perfect" comparable sale. From design and architecture styles to energy efficiency, here's a look at 10 home features most frequently adjusted in appraisals.

CMBS primary issuance won't pick up again until September, according to Barclays.

Freddie Mac announced last week that it will guarantee its second series of SB Certificates, which are backed by multifamily small-balance loans underwritten by Freddie Mac and issued by a third-party trust.

BlackRock Inc. is the latest company planning to finance investors who buy single-family homes, capitalizing on soaring rental demand as the homeownership rate sits at a five-decade low.

Treasuries are proving to be investors' main destination in a global scramble for safety, pushing 10-year yields below 2% for the first time in four months.

Fannie Mae has closed a credit risk-sharing transaction, with an international reinsurance company participating in this type of deal for the first time.

Fannie Mae and Freddie Mac's decisions to make their automated underwriting systems free to use will feed more data to the GSEs, but do little to better serve lenders and borrowers.

The new supplemental performance metric should encourage lenders to serve lower credit score borrowers.

The Federal Housing Administration's Neighborhood Watch website is back online after crashing about three weeks ago.

The Houston housing market still runs the risk of a pullback, based on a range of economic conditions affecting the city, according to Fitch Ratings.

By effectively using technology to gather and verify big data, lenders can underwrite with greater precision, improve loan-level decision making and maximize the integrity of their mortgage portfolios.

Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the GSEs' outsized presence in the mortgage industry, as their latest quarterly results show.

It was a small deal — about 220 U.S. home loans packaged into a $72 million bond offering — but it's looking like a post-crisis milestone.

Neighborhood Watch, the Federal Housing Administration's "early warning system" for monitoring mortgage defaults and lender performance, crashed more than two weeks ago and it's unclear when the service will be restored.

Just 8% of U.S. mortgage origination volume in the second quarter went to borrowers with subprime credit scores, according to new research by the New York Fed. The findings suggest that mortgage standards have loosened only slightly, if at all.

Shellpoint Partners is preparing to issue its first private-label residential mortgage-backed security since walking away from its last deal in 2013.

M&T Bank's disclosure that it is in settlement talks with the Justice Department for not complying with underwriting guidelines on FHA loans has renewed fears that more lenders will be targeted.