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Last Updated March 26, 2015 4:51 PM Central
MOST READ (Past 7 Days)

FHA Chief Being Replaced

preview | full story | March 26
A new official has been appointed to oversee the Federal Housing Administration -- though it won't be as Federal Housing Commissioner for the time being.

Mortgage Complaint Disclosures Raise Several Issues

preview | full story | March 26
The planned public disclosure of consumer complaints has many in real estate finance concerned. In addition to being limited about how lenders can respond -- complaint validity, consumer confusion and privacy are issues that have been raised.

GSE Refis Decline, New Low for HARP Production

preview | full story | March 25
After declining to the lowest level on record, government-supported refinance activity descended further. Overall refinance volume was lower at the government-sponsored enterprises.

Nonbank Mortgage Servicers Face More Regulation

preview | full story | March 25
State mortgage regulators have determined that the level of regulation for non-bank servicers needs to be increased.

Wells Fargo Laying Off 1,000 Servicing Employees

preview | full story | March 25
A decline in the level of distressed residential loans is prompting Wells Fargo & Co. to shut down a servicing center and lay off a thousand employees.

Impac Mortgage Expects Originations To Soar

preview | full story | March 25
Home lending activity increased during the final three months of last year at Impac Mortgage Holdings Inc., and business is expected to nearly double in the first three months of this year.

Bank of America Mortgages By Video

preview | full story | March 25
A move into video conferencing by Bank of America Corp. is being expanded as the lender enables prospective borrowers to communicate with its staff by video.

Mortgage Jobs Increase in Q4

preview | full story | March 25
Staffing within the mortgage industry expanded during the final three months of last year, with non-bank lenders responsible for much of the hiring activity. Banks saw the biggest mortgage layoffs.

Freddie's New Business Highest Since 2013

preview | full story | March 24
The Federal Home Loan Mortgage Corp. turned in the best month in new business since the summer of 2013. Delinquency hasn't been this good since 2008.

Increased New Home Sales Surprise Analysts

preview | full story | March 24
New home sales surprised analysts last month and jumped to the highest level in seven years -- a possible sign of improvement in the U.S. housing market.

mortgage news archives back to 1999

Mortgage Lender Ranking
March 16
While there was no change in the top-five ranking of home lenders, the concentration of business among the 10 largest lenders dropped. Banks gave up significant market share to non-banks and credit unions.

<read full story>

Big Hiring Plans at Some Mortgage Firms
March 17
While the mortgage industry as a whole recently saw a decline in its population, some firms have been adding hundreds of new jobs.

<read full story>

Hundreds of Mortgage Jobs Eliminated
March 22
Some of the biggest players in the mortgage industry have recently eliminated more than a thousand jobs in the aggregate as they adjust to current conditions.

<read full story>

Mortgage Rates Drop, Further Decline Could Follow
March 19
Interest rates on home loans took a tumble this past week, and signs point to an even further decline in the upcoming report.

<read full story>

Servicers Battle Borrowers in Court
March 17
A California lawsuit where the court roundly criticized both parties for overreaching was among the activity in recent servicing-related lawsuits. Other cases involved a 1099 that one plaintiff says shouldn't have been issued after the foreclosure of his house, a court order into arbitration and another court order into mediation.

<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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