Agency MSRs Up for Auction
A buyer is being sought to acquire the servicing on a small portfolio of agency loans that are primarily concentrated in Illinois.
Bids Sought for Agency MSRs
Bids are being solicited for servicing on single-family loans backed by the housing finance agencies. The mortgages have a two-state concentration.
CMBS Performance Improvement Best Among CRE Types
Securitized mortgages saw the largest quarterly decrease in delinquency among a variety of investor types for commercial real estate loans.
Record Low Monthly GSE Refinances
Despite a modest bump in monthly refinances at the Federal Home Loan Mortgage Corp., a tumble in transactions at the Federal National Mortgage Association drove production to an all-time low.
For Sale: MSRs on Over $3 Billion in GSE Loans
A portfolio of mortgage-servicing rights on more than $3 billion in government-sponsored enterprise loans with a modest Golden State concentration has just hit the market.
Better Outcomes for Nonperforming GSE Loans Sold
A new report indicates that non-performing loans being sold by the government-sponosred enterprises are experiencing better outcomes than before they are sold.
Massive Sales of Fannie Mae Loans
A pair of mortgage portfolios being sold by the Federal National Mortgage Association include nearly $8 billion in non- and re-performing loans.
Credit Standards Ease as Refi Demand Diminished
As refinances continue to diminish, home lenders continue to relax credit standards. With the ongoing outlook for profits still weak, firms are feeling pressure to cut staffing.
Mortgage Credit Eases 1st Time in 4 Months
For the first time in four months, home lenders eased up on credit conditions. Leading the loosening were jumbo mortgage lenders.
MSRs Offered on Small GSE Portfolio
Bids are being sought for the servicing on a small portfolio of government-sponsored enterprise mortgages. The loans have a New England concentration.