Schwartz noted that many private placement deals have taken place vs. traditional private label securitization transactions, which have been almost nonexistent since the conservatorship began.

Morningstar Credit Ratings, LLC recently assigned its ‘MOR RV1’ residential vendor ranking to eMortgage Logic, LLC (EML), according to an announcement from Morningstar.

Job gains fell below expectations for the month of August, totaling less than 200,000, but wage growth finally began to show some upward pressure—but analysts are still divided on whether it will be enough to convince the Federal Reserve to raise interest rates in their September meeting.

Citigroup earned credit for $162.7 million in consumer relief toward fulfilling its $2.5 billion obligation under the terms of a July 2014 settlement with the U.S. Department of Justice and five states for selling toxic residential mortgage-backed securities to investors before the financial crisis, according to a report from the settlement monitor released Thursday.

The note holders for these transactions are not entitled to receive cash from the mortgage loans in the reference pools, unlike typical RMBS transactions. Rather, the performance of the mortgage loans in the reference pool determines the timing and amount of principal and interest the GSEs are obligated to pay on the notes.

A lingering effect of the financial crisis nearly seven years later, the number of borrowers who owe more than their homes are worth in the United States totaled 15 million at their peak. That number has been reduced to slightly below half by many factors, including foreclosures, short sales, and rapidly rising home values.

Ohio-based Safeguard Properties, the largest mortgage field services company in the nation, has announced the appointment of Pat Hoffman as assistant VP of operations.

The court also reinstated the MERS lien on the property, finding the lien to be "in full force and effect." MERS was seeking to reinstate a lien which it claims was improperly extinguished by defendant Kingman Holdings in the case of Mortgage Electronic Registration Systems, Inc. v. Kingman Holdings, Inc.

Robust demand and declining inventory were the driving factors behind the increase in home prices, according to contacts in most Fed districts. Inventories in nearly all districts declined or stayed flat, except for Kansas City, where they slightly increased

The smaller Community Impact Pool consists of 75 high-occupancy and geographically focused loans with about $11 million in unpaid principal balance (UPB). The transaction is expected to close on October 26, 2015, according to Fannie Mae.