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Last Updated September 29, 2016 6:05 PM Central
MOST READ (Past 7 Days)

U.S. Bank Settles LA Foreclosure Lawsuit

preview | full story | Sept 29
A settlement has been reached in a lawsuit filed against U.S. Bancorp accusing the bank of allowing hundreds of foreclosed properties to deteriorate.

Bank Mortgage Lending Thaws

preview | full story | Sept 29
New research indicates that following a period of very tight home lending, banks are lending more of their own money for mortgages.

Mortgage Rates Tumble, Likely to Hold

preview | full story | Sept 29
Fixed rates on residential loans fell to their lowest level in 10 weeks, and the outlook for the next report is for mortgage rates to linger where they are now.

Limited Supply Drives Down Pending Home Sales

preview | full story | Sept 29
A lack of inventory drove down pending home sales for the third time in four months to the lowest level in seven months.

Web-Based Solutions for Mortgage Compliance

preview | full story | Sept 29
Web-based services have been launched and improved to help mortgage companies comply with a host of regulations. Meanwhile, one mortgage service provider has partnered with another to help home lenders survive an examination.

Best Month for Freddie's New Biz in Over 3 Years

preview | full story | Sept 28
It has been more than three years since monthly business was as strong as it was last month at the Freddie Mac, while delinquency fell to a new eight-year low.

Wave of Mortgage LOS Integrations

preview | full story | Sept 28
A range of mortgage service providers have integrated their offerings into several loan origination systems. The integrations promise to make access to the products easier.

Ditech Settles Charges of Borrower Harassment

preview | full story | Sept 28
Walter Investment Management Corp.'s mortgage banking subsidiary has agreed to settle charges that it harassed delinquent Massachusetts borrowers for four years.

RBS Settles MBS Lawsuits for Over $1 Billion

preview | full story | Sept 28
Royal Bank of Scotland has agreed to settle another lawsuit over its role in saddling corporate credit unions with faulty mortgage securities.

Mortgage Refi Apps Dip, Purchase Apps Creep Up

preview | full story | Sept 28
A modest rise in applications for home-purchase financing was more than offset by small decline in applications to refinance home loans.

mortgage news archives back to 1999

Nationstar Unit Closing
Sept. 21
A company created three years ago as a joint venture between Nationstar Mortgage LLC and a home builder is in the process of winding down.

<read full story>

Biggest Mortgage Lenders, Servicers
Sept. 23
As quarterly mortgage lending activity made a big leap, two large financial institutions traded spots on the list of the country's largest originators.

<read full story>

Banks Lose Mortgage LOs to Non-Banks
Sept. 16
The number of mortgage loan officers registered in the national database has expanded over the past year as non-bank originator share widened.

<read full story>

Mortgage Credit Tightens as Closing Rate Rises
Sept. 21
As the monthly closing rate of new mortgage applications improved, lenders were more restrictive about who was approved for a loan.

<read full story>

New York Jobs Being Cut by PHH Mortgage
Sept. 19
Dozens of employees in New York are being laid off by PHH Mortgage Corp. as a result of business the company recently lost.

<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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