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LATEST U.S. MORTGAGE NEWS
Last Updated September 23, 2016 4:56 PM Central
MOST READ (Past 7 Days)

Genworth Easing Requirements

preview | full story | Sept 23
In conjunction with updates being made to the Federal National Mortgage Association's automated underwriting system, Genworth Mortgage Insurance is making changes of its own.

Fund Launched to Subsidize Mortgage Broker Startups

preview | full story | Sept 23
A new initiative will provide individual loan originators with $10,000 to help them start up their own new mortgage brokerage firm.

Fay Servicing Hiring in Florida

preview | full story | Sept 23
With the opening of a new regional facility in Florida, Fay Servicing LLC plans to staff the location with a hundred new employees.

La. Mortgage Firm's Staff Up 73% Since Jan 2015

preview | full story | Sept 23
As Eustis Mortgage expands its brands by creating new subsidiaries, it has grown its staffing by more than 70 percent since last year.

Up Tick in Mortgage Refis Offsets Purchase Drop

preview | full story | Sept 23
Though there was a slight dip in new purchase financing activity over the past week, an increase in refinance business was enough to more than offset the decline.

Mortgage Market Index 168

Biggest Mortgage Lenders, Servicers

preview | full story | Sept 23
As quarterly mortgage lending activity made a big leap, two large financial institutions traded spots on the list of the country's largest originators.

Mortgage Rates Retreat, Even Bigger Drop Possible

preview | full story | Sept 22
Interest rates on home loans were slightly lower this past week, and all indications are that an even bigger decline is ahead for fixed rates in the next report.

Rate of Existing Home Sales Down Again

preview | full story | Sept 22
While the annual rate of pre-owned home sales moved up on a year-over-year basis, a second consecutive month-over-month decline was recorded.

Mortgage Fraud Risk Rises, Valuation Risk Down

preview | full story | Sept 22
Although the number of fraudulent mortgage applications dipped, the share and risk worsened. But a big improvement was made on valuation fraud risk.

Mortgage Delinquency, Foreclosures Decline

preview | full story | Sept 22
Mortgage delinquency declined last month, the foreclosure rate fell, and the number of foreclosures that were initiated moved lower.


mortgage news archives back to 1999

Chase Appoints 3 Mortgage Executives
Sept. 12
A trio of mortgage executives has been promoted at New York-based JPMorgan Chase & Co. The appointments are in consumer, retail and correspondent lending.

<read full story>


Mortgage Executives Recruited, Promoted
Sept. 13
Executives have been appointed to a variety of management roles at mortgage companies including a subsidiary of Walter Investment Management Corp.

<read full story>


Reverse Mortgage at Heart of Movie Plot
Sept. 13
A reverse mortgage that lands in foreclosure is behind a string of Texas bank robberies that take place in a fictional outlaw motion picture.

<read full story>


Mortgage Layoff Notices Plunge, Banks Continue
Sept. 14
The volume of layoff notices by mortgage-related businesses has significantly slowed as of late, though the pace has remained robust among depository institutions.

<read full story>


Ocwen Mortgage Modifications Double
Sept. 15
The volume of government-supported loan modifications at Ocwen Loan Servicing has recently doubled and is expected to remain robust.

<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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