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LATEST U.S. MORTGAGE NEWS
Last Updated April 22, 2018 4:45 PM Central
MOST READ (Past 7 Days)

SunTrust Mortg Earnings, Lending & Servicing Down

preview | full story | April 23
Although company-wide earnings ascended at SunTrust Banks Inc. -- mortgage income, originations and third-party servicing were all down on a quarterly basis.

Mortgage Refi Activity Jumps

preview | full story | April 20
A week-over-week decline in new purchase-money activity was more than offset by an increase in refinance business. But the year-over-year tumble in purchases more than offset the surge in refinances.


Purchase business falls from week & year earlier


$1 Billion Wells Settlement Finalized

preview | full story | April 20
First the president tweeted it. Then the company warned about it. Now it is official: Wells Fargo & Co. has agreed to a $1 billion settlement with federal regulators.

Data Breach at SunTrust

preview | full story | April 20
Data on more than a million customers of SunTrust Banks Inc. has been stolen. The heist was an inside job.

Chase DC Expansion Includes Mortgages

preview | full story | April 19
A planned expansion in the Washington, D.C., area by JPMorgan Chase & Co. will bring thousands of new jobs, including mortgage positions, to the region.

4-Year High for 30-Year Fixed Mortgage Rates

preview | full story | April 19
It's been more than four years since long-term mortgage rates have been as high as they were this week. In the upcoming week, fixed rates are likely to deteriorate even more.

Former ResCap Chief Named Ditech CEO

preview | full story | April 19
The former chairman and chief executive officer of a previous ditech.com affiliate has become the CEO and president of the company that now operates as Ditech Holding Corp.

Mortgage Delinquency Plunges

preview | full story | April 19
Delinquency on residential loans turned sharply lower last month as the impact from last year's hurricanes shifted to new foreclosure filings.

Ocwen President-CEO Leaving

preview | full story | April 19
After spending nearly three decades with Ocwen Financial Corp., the mortgage firm's president and chief executive officer is leaving the company.

US Bank's Mortgage Revenues, Lending & Lates Down

preview | full story | April 18
Company-wide earnings improved at U.S. Bancorp, but mortgage income worsened. Home-lending volume was solidly lower. As residential servicing and assets grew, delinquency decreased.


mortgage news archives back to 1999

2017 Biggest Mortgage Lenders and Servicers
Mar. 26
In the latest ranking of mortgage lenders and servicers, non-bank lenders gave up market share last year as overall mortgage originations turned lower on a quarterly and annual basis.

<read full story>


Freddie Mac Eases Underwriting Requirements
Mar. 28
Improvements to lending guidelines at the Federal Home Loan Mortgage Corp. include expanded loan-to-value ratios and more flexible condominium requirements.

<read full story>


Reverse Mortgage Lender Settles With HUD
Mar. 26
A settlement has been reached with a reverse mortgage lender that allowed someone to sign loan documents even though he didn't have the authority to do so.

<read full story>


Fraud Less Likely On ARMs Than Fixed-Rate Loans
Mar. 29
A report that measures the risk of fraud on home-loan applications says that risk on loans with adjustable rates is lower than on fixed-rate mortgages. The report indicated a year-over-year rise in overall risk.

<read full story>


Constr Lending Execs Among Mortgage Appointments
Apr. 02
In addition to senior management appointments at several mortgage banking organizations, two companies have hired executives to head up their construction lending divisions.

<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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