Latest Posts
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Continued Deterioration in Origination Quality
Continued Deterioration in Origination Quality Still better than pre-crisis Oct. 26, 2018 By Mortgage Daily staff As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis,...

Diamond Residential Mortgage Settles Alleged Fraud
SPRINGFIELD, Illinois -- Diamond Residential Mortgage Corp. has agreed to pay $1.27 million to the state as part of a "consent order" stemming from alleged fraudulent loan-origination activity by Chris R. Schaller and other employees of Diamond's...

Secondary Marketing News
Secondary Marketing News correspondent directory | warehouse directory | MBS News Last Updated October 25, 2018 4:58 PM Central Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its...

Large Agency MSR Offering Hits Market
Large Agency MSR Offering Hits Market Modest California, Florida concentration Oct. 25, 2018 By Mortgage Daily staff Bids are being sought for servicing rights on a large portfolio of agency mortgages. The offering has a moderate concentration of...

Mortgage Rates Up 92 BPS From Year Ago
Over the past year, weekly fixed interest rates on single-family loans have soared 92 basis points. But little change was reported from last week, and more of the same is expected. On conventional loans utilized to finance a home purchase with...

Commercial Real Estate Loan News
Commercial Real Estate Loan News Commercial Mortgage Statistics Last Updated October 25, 2018 4:59 PM Central Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months....
FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.

Amortization Calculator

Affordability Calculator

Mortgage Calculator

Refinance Calculator

FHA Mortgage Calculator

VA Mortgage Calculator

Real Estate Calculator
Top Picks for You

Mobile Usage Diminishes In Mortgage Servicing
After deteriorating last year, borrowers' satisfaction with mortgage servicers was no better this year. One interesting observation was that mobile usage slowed. The best servicers were ranked. The J.D. Power 2018 Primary Mortgage Servicer...

Mortgage Rates Rise, Could Climb More
Mortgage rates inched up this past week and could extend the increase in next week's report. One longer-term forecast has the escalation continuing through the end of the year. Freddie Mac's Primary Mortgage Market Survey indicated that 30-year...

New Post-Crisis Low for Freddie’s Delinquency
Secondary activity at the Federal Home Loan Mortgage Corp. in on pace to see an annual drop. Serious delinquency, meanwhile, fell to a new post-crisis low. McLean, Virgina-based Freddie Mac reported in its Monthly Volume Summary: June 2018 that its...

Radian’s Earnings, Delinquency & New Biz Improve
Radian Group Inc. swung to a big profit from a quarterly loss a year previous. New policies written increased, the book of business expanded, and delinquency decreased. Consolidated pre-tax income swung to a $181 million second-quarter profit from...

Losses Continue at Ocwen, Originations Down
At a time when most of the industry is seeing origination gains, Ocwen Financial Corp. had a decline. Losses continued, and staffing was diminished, but delinquency improved. Ocwen's second-quarter earnings report reflected more than $28 million in...

Small Agency MSR Portfolio Being Marketed
Servicing rights on a small portfolio of residential agency loans with a heavy concentration on the West Coast are being marketed through the auction process. The offering is for mortgage servicing rights on 1,181 single-family loans that had a...

MSRs Offered on $3.6 Billion in Ginnie Mae Loans
The servicing on more than $3.6 billion in government mortgages are being auctioned to the highest bidder. A significant share of the portfolio is secured by Golden State properties. Mortgage-servicing rights are being offered on 14,102Â Ginnie Mae...

HomeStreet Mortgage Losses Widen as Staff Cut
HomeStreet Inc. reduced the size of its residential servicing portfolio, and cut the size of its mortgage staff, but mortgage losses still widened. Home lending was busier, though. HomeStreet's second-quarter earnings report revealed $9 million in...

Bump in Refinance Apps Offset By Dip in Purchases
A modest weekly up tick in applications for loans to refinance an existing mortgage was more than offset by a dip in applications for purchase financing. On a seasonally adjusted basis, the Market Composite Index for the seven days that concluded...

Tariffs, Trade War Dampen New Home Sales
New house sales turned sharply lower last month, and home builders blame escalating trade tensions for the weak showing. Still, sales in the Northeast soared. The sale of newly constructed single-family homes worked out to 57,000 units during June,...

Your mortgages approval starts here.
Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.

Stay Up To Date with Today’s Latest Rates
Mortgage
Today’s rates starting at
Home Refinance
Today’s rates starting at
Home Equity
Today’s rates starting at
HELOC
Today’s rates starting at