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LATEST U.S. MORTGAGE NEWS
Last Updated May 26, 2017 5:55 PM Central
MOST READ (Past 7 Days)

ARMs Defy Overall Weekly Mortgage Slump

preview | full story | May 26
Although a week-over-week decline in new mortgage business was mostly across-the-board, adjustable-rate mortgage activity rose -- with ARM share at its widest in over a year.


Mortgage Market Index down 16%


New Tenants for Mortgage C-Suites, Boards

preview | full story| May 26
Free agency in single-family lending is in full swing, and moves have been made in the boardroom, C-Suites and mid-level management offices.

SunTrust Agrees to Fed Consent Order

preview | full story| May 26
The operating subsidiary of SunTrust Banks Inc. has been ordered to pay more than a million dollars for violating the National Flood Insurance Act.

Drop in Mortgage Rates Likely to Hold

preview | full story| May 25
Interest rates on residential loans were solidly lower over the past seven days. Rates are likely to refrain from moving much over the next seven days.

For Sale: MSRs on Over $1 Bil in Ginnie Loans

preview | full story| May 25
Mortgage servicing rights on more than $1 billion in Ginnie Mae loans with a Texas concentration are being marketed for sale.

Small Portfolio of Agency MSRs Being Auctioned

preview | full story| May 25
A small portfolio of mortgage servicing rights on loans backed by the housing finance agencies has just hit the market. The loans have a Florida concentration.

Non-Performing Mortgages Offered for Sale

preview | full story| May 24
Investors are being sought for the potential sale of non-performing mortgages that are being sold at a substantial discount.

MSRs on Over $1 Bil in Ginnie Loans for Sale

preview | full story| May 24
Bids are being taken for mortgage servicing rights on more than $1 billion in Government National Mortgage Association loans.

HUD Selling Vacant Property Loans

preview | full story| May 24
Single-family loans secured by vacant properties are being offered for sale by the Department of Housing and Urban Development.

Small Fannie MSR Portfolio On Market

preview | full story| May 24
A small portfolio of mortgage servicing rights on government-sponsored enterprise loans with a Golden State concentration is being marketed for sale.


mortgage news archives back to 1999

Best U.S. Mortgage Loan Originators
May 9
Among mortgage loan originators who are considered to be among the best in the country, earning the borrower's trust is a common theme.

<read full story>


Nationstar Rebranding as Mr. Cooper
May 2
An overhaul of the corporate culture at Nationstar Mortgage LLC is now being capped off with a change to the corporate brand.

<read full story>


Best LendingTree Mortgage Lenders
May 5
Mortgage comparison shopping site LendingTree has put out its latest list of the best mortgage lenders in its network.

<read full story>


Nearly $1 Billion in FDIC Losses from Bank Failure
May 1
Last week's failure of a bank in New Orleans is likely to cost the the bank deposit fund nearly $1 billion. More credit unions than banks have failed so far this year.

<read full story>


Earnings, Originations Sink at PennyMac
May 5
A significant quarter-over-quarter decline in home lending at PennyMac Financial Services Inc. contributed to a sharp drop in earnings. Staffing also contracted.

<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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