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LATEST U.S. MORTGAGE NEWS
Last Updated April 21, 2017 5:19 PM Central
MOST READ (Past 7 Days)

Trump Takes Steps to Weaken Dodd-Frank

preview | full story| April 21
President Donald J. Trump took to his pen Friday to advance his plan to reduce the impact from the Dodd-Frank Wall Street Reform and Consumer Protection Act.

SunTrust Mortgage Originations Sink, Servicing Up

preview | full story| April 21
SunTrust Banks Inc. saw a bigger quarter-over-quarter decline in home lending than many of its peers. But its mortgage servicing grew.

MSRs on Alt-A Loans Being Sold

preview | full story| April 21
Mortgage servicing rights on a portfolio of mostly Alt-A loans are on the market. A big share of the mortgages are secured by California properties.

Existing Home Sales Sharply Higher

preview | full story| April 21
The annual rate of pre-owned home sales surged last month, reaching the highest level in more than a decade. The Northeast led the gain.

MSRs on Over $2 Billion in Ginnie Loans for Sale

preview | full story| April 21
A new offering has hit the market for mortgage servicing rights on more than $2 billion in Government National Mortgage Association loans.

New Chief Named for Citi's Mortgage Business

preview | full story| April 21
Four months after revealing that the global chief of its mortgage business was leaving, Citigroup Inc. has named a replacement from within the firm.

Mortgage Delinquency Sinks to 11-Year Low

preview | full story| April 21
The level of late payments on America's home loans retreated last month -- leaving performance metrics looking better than anytime in the last 11 years.

Mortgage Rates Sink, Unlikely to Fall Further

preview | full story| April 20
After falling to the lowest levels this year, fixed mortgage rates further retreated. The outlook for the next interest rate report is for no further declines.

Mortgage Originations, Assets Down at Citizens

preview | full story| April 20
Although mortgage production and assets fell from the previous quarter at Citizens Financial Group Inc., both were up from a year earlier.

Ocwen Under Regulatory Siege

preview | full story| April 20
Ocwen Financial Corp. Thursday was hit with multiple government lawsuits and regulatory orders issued by more than 20 states over its servicing practices and handling of escrow accounts.


mortgage news archives back to 1999

PNC Settles LO Overtime Lawsuit
April 11
PNC Settles LO Overtime Lawsuit

<read full story>


Mortgage Leads Target Niche Borrower Segments
April 10
Buyers of mortgage leads can now target leads based on prospects' credit scores, home-buying or -selling status, or desire for a reverse mortgage.

<read full story>


VA Considering Mortgage Fee Changes
April 14
The Department of Veterans Affairs is considering making changes to its fee limitations so that veterans can be more competitive in bids for homes.

<read full story>


Another Settlement for United Wholesale Parent
April 17
For the second time since late last year, the parent of United Wholesale Mortgage has reached a settlement with government authorities. The latest action was due to interest overcharges.

<read full story>


Mortgage Job Cuts Ahead at Wells Fargo
April 13
Wells Fargo & Co.'s chief financial officer revealed plans to reduce staffing, including job cuts in the company's home-lending business.

<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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