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Last Updated November 27, 2015 2:25 PM Central
MOST READ (Past 7 Days)

President Signs Law Limiting GSE CEO Compensation

preview | full story | Nov 27
Multi-million dollar compensation for the chief executive officers of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. has been eliminated by a new law.

Remodeling Activity Likely to Rise

preview | full story | Nov 25
Several factors point to increased residential remodeling activity, which could bode well for lenders that make home-equity lines of credit.

Retail Loan Deterioration Hurts CMBS Delinquency

preview | full story | Nov 25
Delinquency on retail property loans surged, helping to drive up the past-due rate for all securitized commercial real estate loans last month.

Northeast Leads Rebound in New Home Sales

preview | full story | Nov 25
A more than doubling of new home sales in the Northeast helped the nation as a whole to swing from a decline to an increase last month.

Conforming Limits Released for 2016

preview | full story | Nov 25
Conforming limits for loans backed by the government-sponsored enterprises have been released for next year, and nearly 40 counties will see an increase in maximum loan amounts.

Big Decline in Wholesale HECM Production

preview | full story | Nov 25
A 12 percent monthly reduction was recorded for government-insured reverse mortgages generated by retail originators. But wholesale activity plummeted by more than a quarter.

Refinances Lead Retreat in Mortgage Applications

preview | full story | Nov 25
Prospective borrowers on home loans completed fewer loans applications last week, and applications for refinances led the retreat.

Mortgage Servicers Change Up Executives

preview | full story | Nov 24
The biggest residential loan servicer and two smaller ones have made some management changes. Another servicer has added a pair of new directors to its board.

Monthly HARP Originations Turn Higher

preview | full story | Nov 24
The number of residential loans that were refinanced through the Home Affordable Refinance Program turned higher for the first time in five months.

GSE MSR Offering Has Minnesota Concentration

preview | full story | Nov 24
A flow offering of mortgage servicing rights on as much as $840 in agency conventional mortgages has a Minnesota concentration.

mortgage news archives back to 1999

Top 20 Mortgage Lender Reports No Delays from TRID
Nov. 20
A home lender that ranks among the 20-biggest mortgage originators in the nation has reported no delays to its digital home loans as a result of integrated disclosures.

<read full story>

More Mortgage Servicing Layoffs at Wells Fargo
Nov. 19
Less than a month after disclosing nearly 500 planned mortgage layoffs, Wells Fargo & Co. has advised more than a hundred California employees of their impending layoffs.

<read full story>

Another Mortgage Discrimination Settlement
Nov. 17
The vigorous pace of settlements between the government and mortgage firms over allegations of discriminatory lending practices continues in Michigan.

<read full story>

Help Wanted: Mortgage Loan Originators
Nov. 16
The U.S. banking subsidiary of a Canadian bank is pushing deeper into the mortgage market with a new recruiting campaign.

<read full story>

House Passes QM Legislation
Nov. 18
The House has passed legislation that would give financial institutions a break on Qualified Mortgage rule requirements -- though a presidential veto is likely.

<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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