USDA Mortgages Misunderstood
Many mortgage originators are not aware that a government lending program for rural properties can also be used to finance homes in not-so-rural areas.

Mortgage Lenders Continue Easing Approval Requirements
For much of this year, mortgage lenders have been loosening their lending standards. On government-insured refinances, average credit scores have tumbled nine points over the past year.

Mortgage Business Slows as Rates Rise Loan originators were a little less busy this week as interest rates moved higher. The hardest-hit categories were adjustable-rate mortgages and refinances. Mortgage rates look to be headed higher.

Subprime ARMs, VA Loans Push Mortgage Delinquency Up
Thanks to deteriorating performance on adjustable-rate subprime loans and veteran mortgages, one-month delinquency on home loans, excluding foreclosures, was worse. The foreclosure inventory rate, however, was better -- pulling overall delinquency down.

MBS Issuance Picks Up at Ginnie
Increased guarantees of mortgage-backed securities by the Government National Mortgage Association was driven last month by stronger residential activity, as multifamily issuance was lower.

Mortgage Activity Jumps as Borrowers Rush to Refi As mortgage rates moved lower, new mortgage activity moved higher. But a jump in bond yields could mean higher mortgage rates and slower new business.

Mortgage Insurance News | Mortgage Insurance Statistics
News about mortgage insurance issuance, defaults and litigation