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LATEST U.S. MORTGAGE NEWS
Last Updated June 30, 2016 5:14 PM Central
MOST READ (Past 7 Days)

Low Mortgage Rates Likely to Stay Down

preview | full story | June 30
Interest rates on home loans sank on uncertainty created by the British vote to exit the European Union and are likely to remain low in the next report.

Tougher Distressed FHA Loan Sale Requirements

preview | full story | June 30
Investors of distressed Federal Housing Administration loans are facing tougher requirements that will benefit borrowers and avoid neighborhood blight.

GSE Non-Performing Loan Sales Exceed $8 Billion

preview | full story | June 30
A new report provides insight into the sale of non-performing loans by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp.

MSR Offering Could Exceed $1 Billion in GSE Loans

preview | full story | June 30
A flow offering could work out to mortgage servicing rights on more than $1 billion in government-sponsored enterprise loans.

Fannie Eases Requirements

preview | full story | June 30
Updates to the Federal National Mortgage Association's guidelines impact HomeReady loans, self-employed income and insurance requirements.

BancorpSouth Settles Redlining Allegations

preview | full story | June 29
A settlement has been reached between the government and Bancorp South Inc.'s banking subsidiary over allegations of discrimination and redlining.

Pending Home Sales Fall But Still High

preview | full story | June 29
Despite the first-year-over-year reduction in almost two years, pending U.S. home sales still came in at the second-highest level during the past 12 months.

Mortgage Complaints Dip

preview | full story | June 29
A small month-over-month decline was recorded for mortgage complaints even though overall financial services complaints rose.

Modified Agency Mortgages to Be Securitized

preview | full story | June 29
Nearly $200 million in residential agency loans that have been previously modified are being sold for subsequent securitization.

Wells Fargo LOs Continue to Dominate Top Latinos

preview | full story | June 29
A ranking of the biggest Latino loan officers continues to be dominated by Wells Fargo & Co.'s mortgage unit, with its LOs accounting for nearly half.


mortgage news archives back to 1999

MERS to be Sold
June 17
A deal reached for the parent of the New York Stock Exchange to invest in MERSCORP Holdings Inc. is expected to benefit the home lending market.

<read full story>


Several Correspondent Lenders Settle With ResCap
June 23
Nearly a dozen correspondent mortgage lenders have agreed to a settlement with a unit of bankrupt Residential Capital LLC.

<read full story>


Best Housing Markets
June 21
Although a vast majority of local housing markets are in good shape, areas that rely on energy -- especially Texas -- could see conditions deteriorate.

<read full story>


Best Mortgage Companies to Work At
June 20
Several real estate finance firms recently touted how they have been recognized by local news publications as the best employers in their cities.

<read full story>


Ocwen Settles False Claims Allegations
June 23
Ocwen Financial Corp. has settled charges that it violated the False Claims Act on government-insured lending and loan modifications.

<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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