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Last Updated September 30, 2016 6:40 PM Central
MOST READ (Past 7 Days)

COFI Up Again to 2.5 Year High

preview | full story | Sept 30
The 11th District Cost of Funds Index increased again the past month, this time rising to the highest level in two and a half years.

Black, Low Income Share of Purchase Financing Rises

preview | full story | Sept 30
On loans used to finance a home purchase, lower-income and black borrowers saw their share rise. But a decline was noted on refinances.

Bigger Drop in Fraud Risk on Gov Apps than Conv

preview | full story | Sept 30
Last month, potential fraud on new residential loan applications was no different than in July. A decline in risk on conventional applications was exceeded by the decline on government transactions.

Fannie's Biz at 3-Yr High, Delinquency at 8-Yr Low

preview | full story | Sept 30
New business was higher than it's been in three years at the Federal National Mortgage Association, while a new eight-year low was recorded for delinquency.

FHA Settlement for BBT

preview | full story | Sept 30
Allegations that Branch Banking & Trust Co. certified government-insured mortgages that didn't meet program requirements have been settled.

7-Week High for New Mortgage Business

preview | full story | Sept 30
New residential loan activity ascended to the highest level that it has been in seven weeks, and it was conventional refinance business that drove the week-over-week gain.

Mortgage Market Index 178

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.

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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