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Last Updated August 24, 2016 5:40 PM Central
MOST READ (Past 7 Days)

Underwriters Prominent Among Mortgage Hirings

preview | full story | Aug 24
Among dozens of job openings that are currently being filled at several mortgage-related organizations are residential loan underwriters.

Slump in Existing Home Sales

preview | full story | Aug 24
Inadequate inventory was behind a disappointing monthly decline in existing home sales. Sales in the Northeast took the biggest hit.

Stearns Lending Restructures Management

preview | full story | Aug 24
Voracious growth has led Stearns Lending LLC to make changes to its management structure and to the titles utilized by its executive team.

Refinances Drive Down Mortgage Applications

preview | full story | Aug 24
Weekly applications for residential loans recently turned lower, and it was applications for mortgage refinance transactions that drove down overall activity.

Mortgage Bankers Boost 3-Yr Outlook by $300 Bil

preview | full story | Aug 23
Expected loan originations for the three years ended 2018 have been increased by $300 billion, with both purchases and refinances benefiting.

Non-QM Securitization Closes

preview | full story | Aug 23
A securitization of primarily non-agency residential loans that don't meet the requirements of the Qualified Mortgage rule has been completed.

MSRs on Nearly $3 Bil in GSE Loans Up for Auction

preview | full story | Aug 23
Servicing rights on almost $3 billion in residential loans backed by the government-sponsored enterprises are being auctioned off to the best bidder.

Nearly 9-Year High for New Home Sales

preview | full story | Aug 23
For the second month in a row, the volume of new homes sold was the greatest it's been in over eight years. The Northeast led the gain.

New Mortgage Application Arrives

preview | full story | Aug 23
A new loan application for single-family loans has been unveiled for use on government-sponsored enterprise loans and government-backed mortgages.

Mortgage Origination Statistics

preview | full story | Aug 22
Several mortgage bankers recently reported a host of various loan production metrics in addition to residential loan servicing and staffing data. Some companies touted record activity.

mortgage news archives back to 1999

Mortgage Rates Slip, Could Dip Further
Aug. 18
There was a modest drop in mortgage rates this past week, and a similar decline is likely in the next report. Longer-term predictions are for a slight increase.

<read full story>

Caliber Caught Up in Disparate Impact Case
Aug. 19
A group of black borrowers whose distressed home loans were sold to investors by the Department of Housing and Urban Development claim they've been discriminated against.

<read full story>

Arch M.I. to Buy Far Bigger Rival United Guaranty
Aug. 16
With the upcoming acquisition of its much larger rival, Arch Mortgage Insurance Co. will become the biggest mortgage insurance company in the industry.

<read full story>

Fastest Growing Mortgage Firms
Aug. 17
Inc. magazine is out with its list of the fastest-growing companies in America, and there were four mortgage-related firms that ranked among the top 500.

<read full story>

loanDepot Obtains $150 Million in Debt Financing
Aug. 17
loanDepot Inc., which decided to put a planned initial public offering on hold late last year, has now tapped the debt markets for $150 million.

<read full story>

MORTGAGE VIDEO NEWS mortgage video news
Lack of GSE reform at heart of concerns
Henry Paulson Worries About Another Crisis
The former secretary of the Department of the Treasury who presided over the 2008 financial crisis is worried that conditions are ripe for another such event.
<watch video>
Video of interviews
Cordray Spars With GOP
The head of the Consumer Financial Protection Bureau made his way to Capitol Hill this week to deliver his semiannual report to lawmakers.
<watch video>
Video of interviews
The Players in Richmond's Eminent Domain Plan
Two of the key players in the battle between mortgage investors and and backers of an eminent domain plan talk about the controversial scheme, while a Realtor says his town has no business participating in the plan.
<watch video>
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