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Last Updated February 12, 2016 6:13 PM Central
MOST READ (Past 7 Days)

Former CitiMortgage CEO to Run Caliber Home Loans

preview | full story | Feb 12
The former chief executive officer of CitiMortgage Inc. is stepping in to take over as the new senior executive at Caliber Home Loans Inc.

Annual Originations Up at McLean Mortgage

preview | full story | Feb 12
Although quarterly loan production eased at McLean Mortgage Corp., full-year origination activity moved higher. The entity trimmed its staff by just a few employees.

Rash of Credit Union Failures Continues

preview | full story | Feb 12
More than half of last year's over two dozen mortgage-related business closings and failures were credit unions, and the trend is continuing this year.

Business Down at United Guaranty, AIG Expands Board

preview | full story | Feb 12
New business tumbled at United Guaranty as the firm's behemoth parent announced that it will add two new directors to its board.

Refinances Surge as Mortgage Rates Tumble

preview | full story | Feb 12
Plunging mortgages rates drove refinance activity to the highest level in more than a year -- leaving overall lending activity busier than it's been in 10 months.

Mortgage Market Index 180 in week ended Feb.12

Mortgage Rates Sink to 10-Month Low, Could Go Lower

preview | full story | Feb 11
Mortgage rates fell again this past week, and it just appears likely that there is no end in sight for the recent downward spiral.

Agency Jumbo TRID Kickbacks On the Market

preview | full story | Feb 11
Some of the first jumbo mortgages that were rejected by the housing finance agencies over TRID violations have been put up for auction.

Radian Loosens Requirements

preview | full story | Feb 11
Expanded underwriting guidelines at Radian Guaranty Inc. affect debt-to-income ratios, loan-to-value ratios and jumbo mortgage programs.

MSRs on Nearly $3 Billion in Agency Loans for Sale

preview | full story | Feb 11
Mortgage servicing rights on nearly $3 billion in agency residential loans that were originated by a non-bank are on the market.

Large RMBS Settlement at Morgan Stanley

preview | full story | Feb 11
Morgan Stanley has agreed to a huge settlement over its role in the sale and issuance of subprime residential mortgage-backed securities -- bringing to $5 billion the total it's paid in such agreements.

mortgage news archives back to 1999

Former SunTrust Executive, Relatives Convicted
Feb. 5
A former executive at SunTrust Mortgage Inc., his wife and two brothers-in-law have been convicted for running a mortgage fraud scheme.

<read full story>

Stonegate Reduces Headcount as Originations Sink
Feb. 1
Quarterly residential lending activity turned sharply lower at Stonegate Mortgage Corp., as did the size of the mortgage banker's staff.

<read full story>

Ocwen, BofA Face Excessive Mortgage Complaints
Jan. 29
Based on their respective market shares, Ocwen Financial Corp. and Bank of America Corp. have faced an excessive number of complaints.

<read full story>

Nearly 600 Mortgage Jobs Cut by Wells Fargo
Feb. 4
Improving loan performance and weak demand for new home loans has Wells Fargo & Co. laying off nearly 600 mortgage employees.

<read full story>

Report: Consumers, Small Banks Hurt by Dodd-Frank
Feb. 1
New research indicates that small bank count has fallen and mortgage costs have risen since implementation of the Dodd–Frank Wall Street Reform and Consumer Protection Act.

<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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