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LATEST U.S. MORTGAGE NEWS
Last Updated August 26, 2016 4:00 PM Central
MOST READ (Past 7 Days)

Mortgage PPEs Enhanced, Implemented by Lenders

preview | full story | Aug 26
Mortgage technology service providers have teamed up to enhance product-and-pricing engines and improve the lending process. Mobile adaptation is behind some of the enhancements.

Massive Taylor Bean Lawsuit Settled

preview | full story | Aug 26
A $5.5 billion lawsuit filed by the trustee for bankrupt Taylor Bean and Whitaker Mortgage Corp. against an auditor has been settled.

PHH Losing More Subservicing Business

preview | full story | Aug 26
PHH Mortgage Corp.'s parent company has revealed that it is losing another large mortgage subservicing contract. As a result, the subservicing portfolio will be nearly cut in half this year.

Ocwen Settles Allegations of Unlicensed Servicing

preview | full story | Aug 26
A settlement has been reached between the state of Washington and a pair of offshore affiliates of Ocwen Financial Corp. over unlicensed activities.

Purchases Overcome Dip in Weekly Mortgage Activity

preview | full story | Aug 26
While new weekly refinance activity slowed for the second week in a row, purchase-money business turned higher. Jumbo business had a healthy week-over-week gain.

Mortgage Market Index 169

New Business at 1-Year High for Freddie

preview | full story | Aug 25
Secondary volume climbed to the highest level in a year at the Federal Home Loan Mortgage Corp., while delinquency held at an eight-year low.

Mortgage Rates Hold, Fed Chair to Impact Movement

preview | full story | Aug 25
Mortgage rates didn't budge this past week, and the short-term outlook is totally dependent on tomorrow's comments from the Federal Reserve Board.

FHA Delinquency, New Business Increase

preview | full story | Aug 25
For each of the past three months, residential delinquency has deteriorated at the Federal Housing Administration. But cnew residential business climbed to the highest level in eight months.

Nationstar Adding Hundreds of East Texas Jobs

preview | full story | Aug 25
A new call center opening by next year in East Texas has Nationstar Mortgage LLC adding hundreds of new jobs in the region.

FHA HAMP Streamlined

preview | full story | Aug 25
Changes are being made to the procedures on government-insured mortgages that will reduce the number of steps needed to resolve delinquency and modify the loans.


mortgage news archives back to 1999

Mortgage Rates Slip, Could Dip Further
Aug. 18
There was a modest drop in mortgage rates this past week, and a similar decline is likely in the next report. Longer-term predictions are for a slight increase.

<read full story>


Caliber Caught Up in Disparate Impact Case
Aug. 19
A group of black borrowers whose distressed home loans were sold to investors by the Department of Housing and Urban Development claim they've been discriminated against.

<read full story>


Arch M.I. to Buy Far Bigger Rival United Guaranty
Aug. 16
With the upcoming acquisition of its much larger rival, Arch Mortgage Insurance Co. will become the biggest mortgage insurance company in the industry.

<read full story>


Fastest Growing Mortgage Firms
Aug. 17
Inc. magazine is out with its list of the fastest-growing companies in America, and there were four mortgage-related firms that ranked among the top 500.

<read full story>


loanDepot Obtains $150 Million in Debt Financing
Aug. 17
loanDepot Inc., which decided to put a planned initial public offering on hold late last year, has now tapped the debt markets for $150 million.

<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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