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Last Updated January 19, 2018 4:49 PM Central
MOST READ (Past 7 Days)

Caliber Home Loans Originations Increase in 2017

preview | full story | Jan. 19
Despite annual declines already reported by several of the nation's biggest mortgage originators, Caliber Home Loans Inc. experienced an increase. Servicing has also expanded.

Former Employee Sues Wells Fargo Over Firing

preview | full story | Jan. 19
A former Wells Fargo & Co. mortgage banker in Beverly Hills, California, has sued the company alleging he was unjustly fired for his actions in the rate-lock scandal.

Quicken Loans Founder to Never Settle FHA Lawsuit

preview | full story | Jan. 19
The billionaire founder of Quicken Loans Inc. has vowed that the company will never settle a lawsuit alleging fraud on government-insured mortgages. A hearing in the case was held Thursday.

Acting CFPB Director Requests $0 Funding for CFPB

preview | full story | Jan. 19
The acting director of the Consumer Financial Protection Bureau has requested no funding for the consumer watchdog agency in his first quarterly funding request.

Annual Mortgage Originations Down at SunTrust

preview | full story | Jan. 19
Residential loan originations were lower last year at SunTrust Banks Inc., while mortgage delinquency turned sharply higher. The servicing portfolio, however, expanded.

Mortgage Rates Higher Again, To Continue Rising

preview | full story | Jan. 18
The latest reading on mortgage rates is that they continued deteriorating on both a weekly and monthly basis. Short- and long-term forecasts have further escalation ahead for fixed rates.

Flagstar Bank Hires Capital One Mortgage Team

preview | full story | Jan. 18
Flagstar Bancorp Inc. has picked up some of the employees impacted by Capital One Financial Corp.'s recent decision to get out of home lending.

Consumer Advocate Decries CFPB Request for Input

preview | full story | Jan. 18
A request for input from the Consumer Financial Protection Bureau's acting director about how to best protect consumers is troubling to at least one consumer advocate.

2017 Refi Estimate Lifted, Purchase Cut

preview | full story | Jan. 18
Last year's estimated refinance production has been raised, while the purchase-money estimate was lowered. Forecasts for both categories were lifted for this year and next year.

MGIC's New Business Down, Delinquency Up

preview | full story | Jan. 18
New business during the final-three months of last year declined at MGIC Investment Corp., while delinquency rose. The book of business grew.

mortgage news archives back to 1999

Fastest Growing Home Lender Cutting Maryland Jobs
Nov. 28
A mortgage banking firm that recently ranked as one of the nation's fastest-growing companies has advised dozens of Maryland employees that they will be unemployed early next year.

<read full story>

CFPB Approves Redesigned Mortgage Application
Nov. 21
A redesigned mortgage application first unveiled last year by the government-sponsored enterprises has received a safe-harbor blessing from the Consumer Financial Protection Bureau.

<read full story>

loanDepot Reports Rise in Originations, Servicing
Nov. 28
New business was higher during the most recent quarter at loanDepot LLC. In addition, an increase was reported for both its loan servicing portfolio and staffing.

<read full story>

October's Servicing Transfers Sink
Nov. 22
Servicing transfers last month tumbled from September as a result of a massive sale the previous month by the home-lending unit of Citigroup Inc.

<read full story>

Wells Fargo Could Face OCC Cease-and-Desist Order
Dec. 1
Wells Fargo & Co. has reportedly been warned by the Office of the Comptroller of the Currency that it could face a cease-and-desist order for bad home and auto lending practices.

<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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