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LATEST U.S. MORTGAGE NEWS
Last Updated Monday, August 05, 2013 12:18 PM Central
MOST READ (Past 7 Days)

2013 Bankruptcies On Pace for Post-Crisis Low
preview | full story | Aug. 5
Despite an uptick in the number of bankruptcy filings last month, this year is on pace to see fewer filings than at any point since the financial crisis erupted.

Credit Conditions Continue to Thaw
preview | full story | Aug. 5
A recently launched index indicates that credit conditions in real estate finance have continued to ease for several months now. The latest improvement was helped along by product offerings for cashout, high loan-to-value ratios and low credit scores.

Failed Fla Bank Had High Concentration of CRE Loans
preview | full story | Aug. 5
A Florida bank with a heavy concentration of commercial real estate assets failed last week -- bringing this year's mortgage-related casualty count to more than three dozen.

Jumbo Originator Closing Wholesale Channel
July 29, 2013
A mortgage lender that has originated jumbo mortgages for several recent issuances of private-label securities has disclosed plans to stop accepting business from mortgage brokers. More than a hundred jobs are impacted by the decision.

<read full story>

Ocwen Originations Off, Servicing Subsides
Aug. 2, 2013
Residential loans originations were down at Ocwen Financial Corp., and the mortgage servicing portfolio was lower as the company moved some of its servicing to related entities. Earnings, however, surged.

<read full story>

MORTGAGE VIDEO NEWS mortgage video news
Video of Jim Cramer speculating on mortgage insurance opportunity
Opportunity Seen in Radian Shares
When the housing market was suffering, Mad Money's Jim Cramer says that he advised his audience to get out of Radian Guaranty Inc.'s stock.
<watch video>
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