Mortgage Originations Nearly Double at Leader One
Annual residential lending at LeaderOne Financial Corp. nearly doubled last year, with the mortgage banking organization achieving a milestone in 2015.
Annual Business Doubles at Arch M.I.
Despite a quarter-over-quarter blip in new business at Arch Mortgage Insurance Co., annual activity more than doubled. Meanwhile, defaults declined.
Mortgage Refinance Applications Jump, Could Rise More
Tumbling interest rates had more borrowers initiating the refinance process, and the latest market conditions could boost refinances further.
Mortgage Business Grows at Lake Michigan FCU
Home lending activity increased at Lake Michigan Credit Union, as did the size of its residential loan servicing portfolio and its mortgage staff.
Home Lending Falls at First Republic
Quarterly home lending, as well as annual activity, was down at First Republic Bank. Although the servicing portfolio contracted, residential assets expanded.
Mortgage Lending Down, Staff Trimmed at Alaska USA
Quarterly home lending contracted at Alaska USA Federal Credit Union, while the size of the firm's mortgage staff was trimmed.
Year Over Year Growth at Churchill Mortgage
Quarterly mortgage originations were modestly higher than one year earlier at Churchill Mortgage Corp., while the size of the lender's staff expanded.
Large Mortgage Settlement at HSBC
HSBC Bank USA, N.A., agreed to a settlement valued at hundreds of millions of dollars over allegations of abuses in home lending, servicing and foreclosures.
|Mortgage Business Jumps to 9-Month High, Refis Soar
New mortgage activity leapt to the highest level in nine months as interest rates continued to improve. The impressive gain was fueled by a surge in refinance transactions, though jumbo activity also helped.