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Last Updated Monday, October 20, 2014 09:34 AM Central
MOST READ (Past 7 Days)

Ellie Cracks 100k Users

preview | full story | Oct. 20
The number of loan production personnel utilizing Ellie Mae Inc.'s mortgage management solution has moved past the 100,000 milestone.

Correspondent Originations Surge at SunTrust

preview | full story | Oct. 20
Even though residential loan production was down for the retail channel, SunTrust Banks Inc.'s correspondent acquisitions jumped by a third -- pushing overall originations up.

Weekly Refinance Activity Soars

preview | full story | Oct. 16
A sharp decline in mortgage rates sent refinance activity into the stratosphere and pushed overall activity to the highest level in more than a year.

1Mortgage Market Index 241 for week ended Oct. 17

Multifamily Originations, Outstandings Increase

preview | full story | Oct. 17
As mortgage bankers grew the volume of apartment loans originated last year, the amount of multifamily loans outstanding expanded.

Residential Construction Rises

preview | full story | Oct. 17
Home construction activity moved higher last month, with the construction of new apartment buildings leading the way.

5th 3rd Ekes Out Gain in Mortgage Originations

preview | full story | Oct. 17
Fifth Third Bancorp reported a small quarterly gain in residential loans production. Its mortgage investment portfolio grew, but its servicing portfolio was off.

Ginnie Issuers Face Minimum Issuance Requirements

preview | full story | Oct. 17
Issuers of mortgage-backed securities guaranteed by the Government National Mortgage Association will soon face minimum activity requirements.

Home Builder Confidence Dips, Though Still Good

preview | full story | Oct. 16
Following several months of increased optimism, the nation's home builders turned less confident this month. Still, the group is mostly positive.

Mortgage Rates Sink to Lowest Level in Over Year

preview | full story | Oct. 16
Volatility in global markets helped drag down long-term fixed rates on home loans to the lowest level in more than a year.

Proprietary Modification Volume Up, HAMPs Slip

preview | full story | Oct. 16
An increase in the number of monthly proprietary loan modifications completed more than offset a reduction in the number of government-supported modifications.

mortgage news archives back to 1999

Merger Creating a New Top-20 Mortgage Lender
Sept. 17
The upcoming merger of two independent lenders will create a mortgage banker that would have ranked among the 20-biggest originators last year.

<read full story>

New Jersey Mortgage Fraud Cases Fit For a Movie
Sept. 21
Three mortgage fraud cases out of New Jersey -- one involving a former mayor, another involving a mob accountant and a third involving a reality TV star -- are the stuff of movies.

<read full story>

Lender Penalized for Denying Loan on Indian Reservation Property
Sept. 15
A residential lender that denied a Native American couple's loan request because their property is on an Indian reservation ended up settling with the couple.

<read full story>

HUD Secretary Says Mortgage Credit Too Tight
Sept. 16
A reverse mortgage lender has settled allegations that it used deceptive advertising in its direct mail marketing campaign.

<read full story>

Purchase Finance Outlook Cut, Refi Raised
Sept. 15
An increase in the forecast for refinance fundings was offset by a reduction in the projection for purchase production.

<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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