Roughly $164.77 billion of securities backed by commercial mortgages were issued last year, down just 0.6 percent from 2013, which was a banner year.

The money will flow directly into the U.S. Treasury Department, which controls the senior preferred shares of the two government-sponsored enterprises.

The DBO request for proposal asks that applicants for the Ocwen contract state whether they – or any affiliates – have done any consulting work for the servicer.

An official involved in the non-agency MBS market said it’s easier to sell private placements than it is to meet requirements for publicly registered deals

Roughly 73 percent of the mortgages in the deal have interest-only terms.

The FHFA proposal, however, could spell trouble for certain nonbank servicers with limited resources.

For the year, the 20 banks earned $3.090 billion from mortgage banking, down 30.5 percent from their income in 2013.

University is based in Hackensack and the purchase gets FFC into the Northern New Jersey market.

The majority of mortgage lenders are forging ahead in 2015 to grow their origination and servicing businesses notwithstanding concerns about compliance and weak consumer demand, according to Fannie Mae’s fourth quarter 2014 survey of senior mortgage executives. The survey found that 88 percent of executives aim to grow their loan origination business by increasing the number of retail branches and loan officers and expanding their ...

Electronic signatures and records have become such crucial components of mortgage lending that lenders need to understand the process and the risks to avoid potential liability, according to panelists at a recent webinar. Several significant regulatory actions in 2014 opened the door to the increased adoption and use of electronic records and signatures. However, lenders face growing pressure from regulators to maintain appropriate measures when ...