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Last Updated June 27, 2017 2:02 PM Central
MOST READ (Past 7 Days)

Real Estate Economist Optimistic About Millennials

preview | full story| June 27
The chief economist of Stewart Title is optimistic about the U.S. economy, the impact of rising interest rates and millennials.

5 Highest Appreciating Home Markets Include 3 Ds

preview | full story| June 27
Although two cities located in the Northwest consistently top the list of areas with the fastest-rising home values, a trio of D-cities recently rounded out the top five.

Bank Unloads Mortgage Business

preview | full story| June 27
The mortgage banking remnants of a bank that failed during the depths of the financial crisis have been scooped up by one of the nation's biggest lenders.

Reverse Mortgage Business Acquired

preview | full story| June 27
The reverse mortgage unit of a Maryland-based home lender has been sold in a transaction that promises to create a top-tier reverse mortgage lender.

Finance of America Lending/Servicing/Staffing Down

preview | full story| June 26
Quarterly mortgage originations were slower at Finance of America Holdings LLC. Also diminishing was the lender's staffing and servicing portfolio.

Office Drives Improvement in CMBS Delinquency

preview | full story| June 26
After worsening for several months in a row, the past-due rate on securitized commercial real estate loans moved lower. Office building loans drove the decline.

Ugly House Buyer Deceives Investors

preview | full story| June 26
The guilty plea of a former franchise owner of We Buy Ugly Houses has prompted the company to issue a statement condemning the real estate fraud.

Senior Mortgage Executives' Non-GSE Outlook Strong

preview | full story| June 26
Senior mortgage banking executives are expecting that demand for non-agency programs will intensify. At the same time, the group expects requirements on such programs to ease.

Ginnie MSRs Being Offered on Behalf of Failed Bank

preview | full story| June 26
An auction is being held for mortgage servicing rights on Government National Mortgage Association loans from a financial institution that failed last month.

ARMs, Refis Lead Weekly Mortgage Business Down

preview | full story| June 26
A week-over-week decline in new mortgage activity was led by a big drop in demand for adjustable-rate mortgages and refinances. One bright spot was jumbo business, which overcame price deterioration.

Mortgage Market Index drops 18%

mortgage news archives back to 1999

Supreme Court Opinion Could Impact RESPA
Jun 13
A small-town judge in the Empire State has been arrested for allegedly lying to a home lender to obtain a mortgage.

<read full story>

Fannie Addresses Credit Report Changes
Jun 13
Changes next month by the credit reporting agencies aren't expected to have a significant impact on Fannie Mae's policies or requirements.

<read full story>

Couple Claims Victory in 10-Year-Old Foreclosure
Jun 14
A Sound Beach, New York, couple fighting foreclosure for nearly 10 years "can finally close that chapter of their lives" now that their lender has missed court deadlines to continue the legal battle, the couple's lawyer said Tuesday.

<read full story>

Mortgage Recruiters Hire Entire Retail Teams
Jun 12
While some mortgage banking firms are handling new hires one at a time, others are recruiting entire teams of retail loan originators.

<read full story>

Fewer Banks Offer Mortgages as Non-Banks Grow
Jun 15
The number of financial institutions offering mortgages has fallen, while non-bank providers are up. The shift pushed up non-bank loan officer share.

<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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