The State of Mortgage Lending
DALLAS -- (May 21, 2015) Although mortgage originations stand near the weakest level since the crisis, distressed loan ratios have significantly strengthened, according to data collected and reported by Mortgage Daily, a leading source of mortgage news and statistics.
ARMs, Refis Defy Decline in Mortgage Market Index
DALLAS -- (May 15, 2015) Last week's new mortgage activity failed to surpass business in the prior week, though activity with adjustable-rate mortgages and refinances grew.
Purchases, ARMs Overcome Mortgage Market Index Slump
DALLAS -- (May 11, 2015) New mortgage business fell just short of prior-week activity. But purchase financing activity was stronger, and adjustable-rate mortgage business was busier.
ARMs, Jumbos Drop as Weekly Mortgage Market Index Off
DALLAS -- (May 4, 2015) The past week, new mortgage business declined as adjustable rate mortgages and jumbo loans took the biggest week-over-week hits.
Weekly Mortgage Market Index Retreats
DALLAS -- (April 27, 2015) Despite stronger business on a year-over-year basis, refinance activity took the hardest hit as new mortgage activity slowed this past week. Meanwhile conventional activity had the second worst week-over-week showing.
Jumbos, Refis Lead Weekly Mortgage Market Index Up
DALLAS -- (April 20, 2015) After three consecutive weeks of decline, new home borrowing activity saw a boost -- with jumbo and refinance loans leading the week-over-week change.
Purchase Off Again in Weekly Mortgage Market Index
DALLAS -- (April 13, 2015) Borrowing activity on home purchases was down for the third consecutive week, though jumbo and refinance were the hardest-hit categories on a week-over-week basis.
Weekly Mortgage Market Index Up from Year Prior
DALLAS -- (April 5, 2015) New home borrowing activity was curtailed by seasonal events, and the adjustable-rate and refinance categories had the steepest declines. But business was stronger than a year earlier.
Mortgage Market Index Retreats, Jumbo Up
DALLAS -- (March 30, 2015) Although interest rates improved this past week, new mortgage activity slowed down. One bright spot, however, was jumbo business.
Nonbanks Dominate Hirings in Mortgage Employment Index
DALLAS -- (March 25, 2015) Mortgage industry staffing expanded during the fourth-quarter 2014, with non-bank lenders responsible for many of the hirings. Banks saw the biggest mortgage layoffs.