Category: News and Trends

Largely absent for the past decade, some big banks could be staging a return to the private-label U.S. residential mortgage-backed securities market in the second half of this year, said Fitch Ratings, New York.

Commercial mortgage-backed securities delinquency rates edged up to their highest levels since 2015, although analysts cautioned that those rates could be nearing their peaks.

The market shift toward more purchase mortgages, coupled with rising rates and tight inventory, is generating the consistent upward trend in defect risk, said First American Financial Corp., Santa Ana, Calif.

A new Home Equity Report from Zillow Inc., Seattle, said Gen X homeowners bore the brunt of the housing crash, and it still shows a decade later as they lag behind in gaining equity in their homes.

The Mortgage Bankers Association’s Mortgage Action Alliance issued a Call to Action yesterday, urging lawmakers in the House and Senate to continue moving toward secondary mortgage market reform.

Conservatism has swept over the real estate investment trust sector, reported Fitch Ratings, New York.

Servicing costs for performing loans dropped in 2016 for the first time since the beginning of the recession in 2008, according to the latest MBA Servicing Operations Study.

Servicing costs for performing loans dropped in 2016 for the first time since the beginning of the recession in 2008, according to the latest MBA Servicing Operations Study.

Servicing costs for performing loans dropped in 2016 for the first time since the beginning of the recession in 2008, according to the latest MBA Servicing Operations Study.

The Consumer Financial Protections Bureau earlier this year asked the real estate finance industry to help it assess the effectiveness of its 2013 Mortgage Servicing Rule. The Mortgage Bankers Association was happy to oblige.