Current Conditions Hurt Home Builder Confidence
With current sales conditions weakening, home builders are feeling less optimistic in the first month of the new year about new construction.
Mortgage Originations Fall at U.S. Bank
Quarterly home lending activity retreated from the previous period at U.S. Bancorp. In addition, new applications taken point to a further slowdown this quarter.
HomeStreet Hurt by Market Forces, Settles w/SEC
HomeStreet Inc. revealed a small settlement with the Securities and Exchange Commission and said income was disrupted by the mortgage market.
Home Lending Slows at PNC
A quarter-over-quarter slump in mortgage lending at The PNC Financial Services Group Inc. was met with annual production that managed to keep up with the prior year.
BofA 2016 Mortgage Originations Beat 2015
More residential loans were originated last year at Bank of America Corp. than in the prior year. A quarterly improvement was also made by the home lender.
3-Year High for Wells Fargo Mortgage Originations
The country's biggest U.S. residential lender and servicer, Wells Fargo & Co., pushed up annual home-loan production to a three-year high.
Record Annual MBS Issuance, Outstandings at Ginnie
Annual loan securitizations ascended to an all-time high last year at the Government National Mortgage Association, as did the company's book of business.
Range of Mortgage-Related Conferences During Q1
A range of mortgage-related events taking place during the first quarter of this year include a pair of commercial real estate conferences, a bankruptcy convention and an independent lender event.
Surge in CMBS Delinquency Led by Office Loans
A wave of maturing securitized commercial real estate loans continued to take a toll on performance. Office delinquency deteriorated most.
Fannie Delinquency Rises 1st Time in Nearly 7 Years
After falling to the lowest level in over eight years, delinquency rose for the first time in almost seven years at the Federal National Mortgage Association.