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LATEST U.S. MORTGAGE NEWS
Last Updated June 29, 2015 5:35 PM Central
MOST READ (Past 7 Days)

Industrial Properties Lead Drop in CMBS Lates

preview | full story | June 29
More borrowers on securitized commercial real estate loans made on-time monthly payments last month, with industrial property owners making the biggest improvement.

Quicken Accused of Illegal VA Ads

preview | full story | June 29
Direct mail advertisements sent by Quicken Loans Inc. to veterans in the state of Washington allegedly violated state laws.

Q1 Mortgage Originations Soar from Year Earlier

preview | full story | June 29
Residential loan originations -- including traditional mortgages and home-equity products -- leapt during the first three months of this year. First mortgage activity supported the surge.

Northeast Leads Gain in Pending Home Sales

preview | full story | June 29
Pending home sales for the country increased last month, and the gain was led by activity in the Northeast.

Former Bank CEO, CFO Arrested

preview | full story | June 29
The former chief executive officer and chief financial officer of an Oregon bank have been indicted over alleged accounting fraud.

Former Fannie CEO's Firm Makes Mortgage Acquisition

preview | full story | June 26
A mortgage banking firm run by the former chief executive officer of Fannie Mae has announced plans to make a mortgage acquisition.

Refis Lead Increase in Weekly Mortgage Business

preview | full story | June 26
New mortgage activity moved higher over the past week, and refinance transactions were out front of the ascension.
Mortgage Market Index 140 for week ended June 26

Banks' Mortgage Performance Improves

preview | full story | June 26
Delinquency on home loans owned by banks continued to improve on a quarterly basis as the foreclosure and repossession rate retreated. New foreclosure filings, however, rose.

CFPB Complaint Database Goes Live

preview | full story | June 25
A controversial plan to publish complaints about mortgage lenders made by anonymous consumers has come to fruition.

Mortgage Rates Little Changed, Might Hold Again

preview | full story | June 25
Interest rates on residential loans didn't move a whole lot during the past seven days, and further inaction is expected during the next seven days. But increases are projected further out.


mortgage news archives back to 1999

Lenders Lose On Appeal in FL Foreclosure Litigation
June 5
The Sunshine State is a hotbed for foreclosure litigation, and standing continues to bedevil lenders -- with several lenders losing on appeal.

<read full story>


Another YSP Settlement
June 4
A slew of recent settlements center on the use of yield spread premiums and the impact they have on borrowers. The latest such agreement alleges that a lender used tactics to hide such illegal activities.

<read full story>


Another Decline in HECM Production
June 2
For the fourth month in a row, originators of government-insured reverse mortgages have seen loan production slow. The decline was most apparent at Walter Investment Management Corp.'s reverse lending unit.

<read full story>


Mixed Responses to TRID Regulatory Relief
June 3
Today, the Consumer Financial Protection Bureau said it would recognize the mortgage industry's good-faith compliance efforts on integrated disclosures. But not everybody is happy with the response.

<read full story>


Prison for Chase Secondary Marketing Employee
June 2
A former employee in the secondary mortgage market division of JPMorgan Chase Bank, N.A., has been sentenced to hard time for taking bribes.

<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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