Thirty-day delinquency jumped last month more than it has in a decade. But the level of foreclosures is now lower than before the recession. Residential loans that were either at least 30 days delinquent or in the foreclosure inventory numbered 2.317 million as of...
Corporate Mortgage News industry directory | bank news | regulatory news Last Updated October 24, 2018 11:39 AM Central 5th 3rd Mortgage Revenues Sink, Originations Drop As quarterly home-lending volume declined at Fifth Third Bancorp, so did...
Mortgage application volume moved higher last week, and it was refinances that drove the increase. Jumbo rates remained lower than conforming rates — which rose to a seven-year high. Applications for home loans during the week ended Oct. 19 accelerated on a...
Across the country, mortgage complaints accounted for a smaller share of overall complaints last year than in 2016. States where the share of mortgage complaints are highest are all on the East Coast. Of all complaints filed by consumers with the Bureau of Consumer...
Revenues at Flagstar Bancorp Inc.’s home-lending business sank. But the financial institution has grown its mortgage asset and servicing portfolios over the past year. In the three months ended Sept. 30, income before income taxes worked out to $60 million, the...
