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Last Updated June 28, 2016 10:02 AM Central
MOST READ (Past 7 Days)

Home Prices Continue to Ascend, Northwest Leads

preview | full story | June 28
House prices moved higher last month, with cities in the Northwest seeing the biggest gains and several areas reaching new highs.

Mortgage Coop Reaches Milestone

preview | full story | June 27
The recent addition of a growing new player has helped push residential loan originations at a mortgage cooperative past a significant milestone.

HELOCs Trade Hands

preview | full story | June 27
A hundred million dollars in lines of credit secured by residential properties have been sold through a New York-based whole-loan trading desk.

LOS Enhancements Address TRID, HECMs

preview | full story | June 27
Reverse mortgage originations and compliance with TILA-RESPA integrated disclosures will be easier as a result of recent enhancements to, and integrations with, loan origination systems.

Refinances to Drop as Purchases, Gov Share Rise

preview | full story | June 27
While refinance volume and share are expected to diminish between this year and 2017, government share and purchases are predicted to rise.

Events to Cover Appraisals, Non-Performing Loans

preview | full story | June 27
Upcoming mortgage-related conferences and events include a home valuation expo, a bank lending workshop and a symposium on re-performing and non-performing loans.

Refi Slump, Rate Rise Likely to Reverse on Brexit

preview | full story | June 24
As rates inched higher over the past week, new refinance activity tumbled. But recent developments in the United Kingdom are likely to reverse the latest activity.

Mortgage Market Index down 11% in week ended June 24

Brexit-Driven Market Turmoil Drives Down Rates

preview | full story | June 24
Now that Great Britain's exit from the European Union is a reality, global markets are in chaos -- driving down interest rates in the process.

Mortgage Rates Creep Up, Could Ascend Further

preview | full story | June 23
Mortgage rates ascended during the past week, are still rising and are likely to be worse in next week's report. But bad news out of Europe could change that outcome.

Several Correspondent Lenders Settle With ResCap

preview | full story | June 23
Nearly a dozen correspondent mortgage lenders have agreed to a settlement with a unit of bankrupt Residential Capital LLC.

MSRs on $3 Billion in Ginnie Loans On Market

preview | full story | June 23
Mortgage servicing rights on a little more than $3 billion in agency home loans are being offered for sale to the highest bidder.

mortgage news archives back to 1999

MERS to be Sold
June 17
A deal reached for the parent of the New York Stock Exchange to invest in MERSCORP Holdings Inc. is expected to benefit the home lending market.

<read full story>

Several Correspondent Lenders Settle With ResCap
June 23
Nearly a dozen correspondent mortgage lenders have agreed to a settlement with a unit of bankrupt Residential Capital LLC.

<read full story>

Best Housing Markets
June 21
Although a vast majority of local housing markets are in good shape, areas that rely on energy -- especially Texas -- could see conditions deteriorate.

<read full story>

Best Mortgage Companies to Work At
June 20
Several real estate finance firms recently touted how they have been recognized by local news publications as the best employers in their cities.

<read full story>

Ocwen Settles False Claims Allegations
June 23
Ocwen Financial Corp. has settled charges that it violated the False Claims Act on government-insured lending and loan modifications.

<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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