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Last Updated April 29, 2016 6:18 PM Central
MOST READ (Past 7 Days)

Another Increase for COFI

preview | full story | April 29
For the fourth consecutive month, the Cost of Funds Index has risen over the previous month. Another index, though, has been falling.

Tennessee Bank Fails

preview | full story | April 29
A bank out of Tennessee has been seized by state regulators and closed down. Meanwhile, it was recently revealed that United Wholesale Mortgage's retail unit previously closed down.

Fannie's New Business at 5-Month High

preview | full story | April 29
Business rose to the highest level in five months at the Federal National Mortgage Association, while delinquency fell to a nearly eight-year low.

PrimeLending's Mortgage Closings, Servicing Down

preview | full story | April 29
Residential loans originations softened on a quarter-over-quarter basis at PrimeLending. Also declining was the lender's mortgage servicing portfolio.

New Mortgage Refinance Business Plunges

preview | full story | April 29
New refinance business took a dive this past week, driving down overall new mortgage activity in the process. Adjustable-rate mortgage activity ascended, though.

Mortgage Market Index 157 in week ended April 29

Solid Quarter at Genworth M.I.

preview | full story | April 29
Despite a dip in new business at Genworth Mortgage Insurance Corp., income improved, the book of business grew and delinquency declined.

Sharp Seasonal Decline in CRE Lending

preview | full story | April 28
Commercial real estate loan production took a sharp turn lower during the first-three months of this year -- though the decline was seasonal.

Mortgage Rates Could Reverse Rise

preview | full story | April 28
Long-term fixed rates on residential loans turned sharply higher this past week. But indications are that all of the increase could be reversed in the next rate report.

Industry Optimistic About Proposed TRID Rule

preview | full story | April 28
The Consumer Financial Protection Bureau plans to provide more certainty to mortgage bankers and service providers about the TILA-RESPA integrated disclosure rule.

Down Payments Diminish on Home Purchases

preview | full story | April 28
Home lenders are taking bigger risks on the mortgages they are funding, with the average down payment declining on a quarterly basis.

mortgage news archives back to 1999

Implications of PHH v. CFPB
April 18
If PHH Corp. wins its appeal of a Consumer Financial Protection Bureau order, it could impact both the regulator's structure and other Real Estate Settlement Procedures Act issues.

<read full story>

New CEO at Stonegate Mortgage
April 18
A permanent replacement has been found for Stonegate Mortgage Corp.'s top executive position after more than six months with an interim leader.

<read full story>

100s of Mortgage Jobs Cut at Wells Fargo
April 22
Among hundreds of mortgage layoffs this past week at Wells Fargo & Co., a big share were in the Charlotte, North Carolina, area.

<read full story>

Big FHA Settlement at Freedom Mortgage
April 15
Freedom Mortgage Corp. has agreed to settle for more than $100 million allegations it falsely certified government-insured mortgages over a five-year period.

<read full story>

Senior Mortgage Managers Shuffled
April 19
A new top executive was recently named to a government-sponsored enterprise. Outside the c-suite, a number of mid-sized and small mortgage firms have filled a variety of executive positions across the country.

<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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