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Last Updated December 2, 2016 2:55 PM Central
MOST READ (Past 7 Days)

House Passes Bill to Peel Back Dodd-Frank Provision

preview | full story| Dec. 2
On Thursday, the House of Representatives voted to pass legislation that would raise the threshold for banks that are considered to be too big to fail.

Quicken Lobbyist Named to Trump Transition Team

preview | full story| Dec. 2
A Quicken Loans Inc. executive who until recently was registered as a lobbyist for the firm has been named to President-elect Donald J. Trump's transition team.

Monthly HECM Production Diminishes

preview | full story| Dec. 2
Government-insured reverse mortgage production retreated last month, though there were a few large producers that were able to lift volume.

New Mortgage Business Recovers From Holiday

preview | full story| Dec. 2
As expected, new home-lending activity bounced back from the holiday week. Refinance and adjustable-rate business were the biggest beneficiaries, while jumbo activity took the biggest hit.

Mortgage Market Index 129

Risk Retention to Exacerbate Maturing CMBS Defaults

preview | full story| Dec. 2
Growing defaults from a wave of securitized commercial real estate loans that are maturing are likely to be exacerbated by the upcoming implementation of the risk retention rule.

Mortgage Jobs Increase But Likely to Decline

preview | full story| Dec. 2
Mortgage employment has expanded for eight consecutive months now, though recent market conditions are likely to lead to contraction.

16-Month High for Rates, Further Spike Likely

preview | full story| Dec. 1
It's been nearly a year-and-a-half since fixed mortgage rates have been as high as they are now, and the outlook is for another sharp increase.

2017 FHA Loan Limit Raised

preview | full story| Dec. 1
Following last week's escalation in the conforming loan limit, the limit on mortgages insured by the Federal Housing Administration has been increased.

Former Net Branch Giant Loses FHA Lawsuit

preview | full story| Dec. 1
The government has won a lawsuit against a former net branch mortgage giant that will cost the firm and its chief nearly $100 million.

Former BBT Chief Eyes Fed Chair Job

preview | full story| Dec. 1
The former chief executive officer of BB&T Corp., who has called for abolishing the Federal Reserve, says he'd be interested in running the central bank.

mortgage news archives back to 1999

Conforming Loan Limits Raised First Time in Decade
Nov. 23
For the first time in more than a decade, limits on loans backed by the Federal National Mortgage Association and Federal Home Loan Mortgage Corp. have risen.

<read full story>

Mortgage Mergers and Acquisitions
March 28
Some or all of the ownership interest in several mortgage firms has been acquired by varying investors, including two bank-holding companies. An upcoming acquisition is being investigated by attorneys.

<read full story>

Cordray Spars With GOP
Jan. 30, 2014
The head of the Consumer Financial Protection Bureau made his way to Capitol Hill this week to deliver his semiannual report to lawmakers.

<read full story>

Across-the-Board Growth at Fairway Independent
Nov. 18
In addition to boosting its quarterly home-lending activity, Fairway Independent Mortgage Corp. expanded its residential loan servicing portfolio and grew its payroll.

<read full story>

Culture Behind Best Mortgage Employers
Nov. 18
Several mortgage bankers and mortgage service providers were among companies recently recognized as best employers. Culture was cited among some for their elevated status.

<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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