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LATEST U.S. MORTGAGE NEWS
Last Updated February 24, 2017 5:01 PM Central
MOST READ (Past 7 Days)

Hilltop 2016 Mortgage Earnings Down, Lending Up

preview | full story| Feb. 24
Last year, mortgage production moved higher at Hilltop Holdings Inc. But earnings from the home-lending business turned sharply lower.

Waning Refinances Drive Up Mortgage Fraud Risk

preview | full story| Feb. 24
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.

Former Executives of Big Mortgage Firms Recruited

preview | full story| Feb. 24
Some smaller and younger mortgage banking organizations have recruited former executives from large, more established home lenders.

New Home Sales Accelerate, Northeast Leads

preview | full story| Feb. 24
The annual pace of new home sales strengthened last month. The Northeast led the rise, though the Midwest was close behind.

Impac Originations Tumble, Could Plunge in Q1

preview | full story| Feb. 24
Quarterly home lending sank by over a fourth at Impac Mortgage Holdings Inc. and is likely plunging during the current quarter.

Mortgage Rates Little Changed 4 Weeks, Could Fall

preview | full story| Feb. 23
For the fourth week in a row, interest rates on residential loans moved little. But it looks like a decline could be ahead in the next report.

Appraiser Fraud Alert Issued

preview | full story| Feb. 23
A rash of cases have been uncovered where the identity of appraisers approved for government mortgages have been stolen.

Risk of Default Down on Mortgages

preview | full story| Feb. 23
A quarter-over-quarter and year-over-year decline was recorded for the level of risk on new mortgage originations.

Jumbo Leads Quarterly Rise in RMBS Issuance

preview | full story| Feb. 23
Non-agency mortgage securitization volume accelerated during the final-three months of last year, with jumbo activity leading the way.

Ocwen Losses, Servicing and Originations Down

preview | full story| Feb. 23
Ocwen Financial Corp. cut its quarterly losses. Also retreating was residential lending volume and the mortgage servicing portfolio.


mortgage news archives back to 1999

Large Northeast Credit Union Fails
Feb. 13
A federally insured credit union that is operating in the Empire State with nearly $2 billion in assets has gone belly up.

<read full story>


Mortgage Disparity Between Operating Systems
Feb. 10
In what appears to be a case of disparate impact, users of Windows and Android operating systems pay higher mortgage rates than Apple users.

<read full story>


Mortgage Originations Up at loanDepot
Feb. 13
While many of its peers saw residential loan production weaken during the final quarter of last year, loanDepot LLC reported a healthy gain in new business.

<read full story>


Best LendingTree Network Mortgage Lenders
Feb. 13
Residential finance firms that participate in the LendingTree network have been rated by their customers, an the results are in.

<read full story>


New CEO at Quicken Loans
Feb. 10
An insider has been named to head up Quicken Loans Inc.'s management team. A domino effect impacted three high-profile executives.

<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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