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LATEST U.S. MORTGAGE NEWS
Last Updated July 24, 2017 5:22 PM Central
MOST READ (Past 7 Days)

Huntington Lifts Home Lending

preview | full story | July 24
Huntington Bancshares Inc. beat its single-family lending volume for both the previous quarter and the same quarter last year. Mortgage income was maintained.

Finance of America's Home Lending Increases

preview | full story | July 24
In addition to lifting home lending on a quarter-over-quarter basis, Finance of America Holdings LLC managed to maintain mortgage production on a year-over-year basis.

South Leads Drop in Existing Home Sales

preview | full story | July 24
Although the number of residential properties sold last month was the highest in years, the annual rate was still lower. The South had the biggest impact on national sales.

Multifamily CMBS 60-Day Rate Surges

preview | full story | July 24
The rate of late payments on securitized commercial real estate loans backed by apartment buildings soared more than a hundred basis points last month.

Jumbo Defies Weekly Mortgage Slump

preview | full story | July 24
Loan originators, except those who originate jumbo mortgages, were less busy this past week with residential lending activity. Home purchase financing took the biggest hit.

Mortgage Market Index down 12%

Quarter-Over-Quarter Mortgage Gains at Fifth Third

preview | full story | July 24
The volume of home-lending activity at Fifth Third Bancorp ascended from the previous quarter, as did mortgage income and the size of the servicing portfolio.

Alleged HECM Scheme Settled

preview | full story | July 21
The federal government has negotiated a settlement with a man who is accused of abusing the federally insured reverse mortgage program.

Q3 Mortgage Origination Forecast Lifted

preview | full story | July 21
Mortgage banking economists have improved their outlook for loan originations during the current quarter. Full-year expectations have risen for three months in a row.

Mortgage Originations, Servicing Up at SunTrust

preview | full story | July 21
In addition to lifting its quarterly home lending, SunTrust Banks Inc. grew its residential loan servicing portfolio. But mortgage earnings deteriorated.

Mortgage Rates Retreat, VA Rates Lowest

preview | full story | July 20
An impressive improvement was reported for weekly mortgage rates. On a monthly basis, rates on residential loans for U.S. veterans were the lowest.


mortgage news archives back to 1999

Chase's Mortgage Servicing Down, Assets Up
July 14
While there was little change in quarterly mortgage originations at JPMorgan Chase & Co., the residential servicing portfolio declined as mortgage assets grew.

<read full story>


Ditech Cutting Hundreds of Texas Jobs
July 17
The mortgage operating unit of Walter Investment Management Corp. is closing an office in Texas. Hundreds of employees are impacted.

<read full story>


PNC Successfully Shifts to Home Purchase Financing
July 17
A reduction in mortgage refinance production at The PNC Financial Services Group Inc. was easily offset with a sharp increase in the origination of loans to finance home purchases.

<read full story>


Quicken Loans Loses Class Action Appraisal Lawsuit
July 14
Quicken Loans Inc. has lost a class action in which it was accused of suggesting values to appraisals. But the mortgage giant expects to be vindicated on appeal.

<read full story>


Alleged HECM Scheme Settled
July 21
The federal government has negotiated a settlement with a man who is accused of abusing the federally insured reverse mortgage program.

<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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