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Last Updated October 27, 2016 3:25 PM Central
MOST READ (Past 7 Days)

Pending Home Sales Rise, West Up Most

preview | full story | Oct. 27
The nation's monthly pending home sales accelerated from a month earlier and year earlier. The biggest gain on a month-over-month basis was made in the West.

CMBS Defaults Decline, Retail Leads Drop

preview | full story | Oct. 27
The performance of securitized commercial real estate loans improved last month, with mortgages secured by retail properties leading the way.

Arch M.I. Exhibits Robust Growth

preview | full story | Oct. 27
Compared to one year earlier, quarterly business more than doubled, the book of business ballooned and defaults declined at Arch Mortgage Insurance Co.

Mortgage Broker's Attorney Dozes Off During Trial

preview | full story | Oct. 27
A Pennsylvania mortgage broker who was convicted of mortgage fraud this week will get a second chance thanks to his lawyer dozing off during trial.

Record New Business at Radian

preview | full story | Oct. 27
Radian Group Inc. reported a record quarter for new business. In addition, the mortgage insurer's book of business expanded, and delinquency declined.

Ocwen's Earnings, Mortgage Originations Improve

preview | full story | Oct. 26
Quarterly earnings and mortgage originations improved at Ocwen Financial Corp. Meanwhile, the mortgage servicing portfolio and staffing have been reduced.

Freddie's Business Slips, Delinquency at 8-Yr Low

preview | full story | Oct. 26
Secondary mortgage activity dipped last month at Freddie Mac. Meanwhile, a new eight-year low was established for serious residential loan delinquency.

FHA Easing Condo Owner Occupancy Requirement

preview | full story | Oct. 26
Just a month after proposing to relax rules on condominium loans, the Federal Housing Administration has loosened owner-occupancy requirements.

Huntington's Mortgage Earnings, Originations Climb

preview | full story | Oct. 26
Mortgage earnings and originations at Huntington Bancshares Inc. improved as mortgage assets and servicing were boosted by an acquisition.

Drop in Mortgage Applications Led by Purchases

preview | full story | Oct. 26
The number of prospective home loan borrowers who submitted a new application fell last week, with applications from home buyers taking the biggest hit.

mortgage news archives back to 1999

Mortgage Industry Wins Huge Legal Battle With CFPB
Oct. 11
A federal appeals court has ruled in favor of PHH Corp. in an action challenging a Consumer Financial Protection Bureau order and its structure.

<read full story>

Ditech President Out
Oct. 14
With just a year on the job, the head of Walter Investment Management Corp.'s operating subsidiary is departing -- continuing a series of executive shakeups at the company.

<read full story>

2 Mortgage Executives Promoted
Oct. 13
In addition to a trio of real estate finance executives who were recently hired to fill a variety of positions, two senior executives have been promoted within their own companies.

<read full story>

Merrill Lynch Ending PLC Contract With PHH
Oct. 10
Third-quarter mortgage results have started rolling in and the first to report, The Money Source Inc., disclosed increased lending, servicing and staffing.

<read full story>

Mortgage Firm's Owner On Trial for Mortgage Fraud
Oct. 6
The owner of a defunct mortgage firm is accused using fake appraisals and fraudulent documents in a multi-million-dollar mortgage fraud conspiracy.

<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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