Waning Refinances Drive Up Mortgage Fraud Risk
As the share of refinance mortgage originations continues to subside, more risky financing for home purchases is driving up the level of mortgage fraud risk.
Impac Originations Tumble, Could Plunge in Q1
Quarterly home lending sank by over a fourth at Impac Mortgage Holdings Inc. and is likely plunging during the current quarter.
Risk of Default Down on Mortgages
A quarter-over-quarter and year-over-year decline was recorded for the level of risk on new mortgage originations.
Ocwen Losses, Servicing and Originations Down
Ocwen Financial Corp. cut its quarterly losses. Also retreating was residential lending volume and the mortgage servicing portfolio.
Growth in Caliber Home Loans' Servicing, Staffing
As has been the case for many lenders, quarterly originations slipped at Caliber Home Loans Inc. But servicing and staffing expanded.
Nationstar Earnings Soar, Servicing Portfolio Grows
Despite a drop in quarterly loan production, Nationstar Mortgage Holdings Inc.'s servicing portfolio grew and earnings exploded.
Purchase Financing Leads Drop in Mortgage Apps
A weekly decline was recorded for new mortgage applications. Purchase financing activity was out front of the slowdown.
Fairway's Annual Lending, Servicing and Staffing Up
Fairway Independent Mortgage Corp. experienced a year-over-year expansion in its home-lending volume, servicing portfolio and employee count.
2018 Home Purchase Financing Forecast Lowered
The expected volume of lending to finance home purchases next year has been lowered, as was the estimate for last year's production.