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Last Updated February 20, 2017 4:37 PM Central
MOST READ (Past 7 Days)

CMBS Issuance Down as Multifamily, GSE Lending Up

preview | full story| Feb. 21
Driven by the government-sponsored enterprises, multifamily lending rose last year, as did office loan originations. But issuance of commercial mortgage-backed securities tumbled.

Mortgage Bankers Raise Q1 Refinance Forecast

preview | full story| Feb. 21
The volume of refinances expected by the country's mortgage bankers during the first-three months of this year has increased.

MGIC Relaxes Program Requirements

preview | full story| Feb. 21
MGIC has relaxed some of its underwriting guidelines. Among the changes are higher loan-to-value ratios, increased loan amounts and reduced credit scores.

Ocwen Reaches $225 Million Settlement With CA

preview | full story| Feb. 21
A $225 million settlement with the state of California resolves a consent order that was reached in early 2015 with an Ocwen Financial Corp. unit.

Mortgage Business Down Heading Into Holiday

preview | full story| Feb. 21
Heading into the Presidents Day holiday weekend, new refinance activity sank -- driving down overall mortgage business. But adjustable-rate business soared.

Mortgage Market Index down 17%

Nearly $800 Million in GSE Loans for Sale

preview | full story| Feb. 17
Nearly $800 million in distressed government-sponsored enterprise residential loans have been put on the auction block.

CFPB Wins Round in PHH Lawsuit

preview | full story| Feb. 17
The Consumer Financial Protection Bureau has won a round in a contentious lawsuit that was previously filed by PHH Corp.

Buyer Found for PHH's Jacksonville PLS Unit

preview | full story| Feb. 17
A buyer has emerged for PHH Mortgage Corp.'s private-label services operation that is located in Jacksonville, Florida.

Potential Enforcement Action Against Altisource

preview | full story| Feb. 17
Altisource Portfolio Solutions S.A. has disclosed that it faces a potential enforcement action over technology services that it has provided to Ocwen Financial Corp.

MSRs For Sale On Ginnie Loans

preview | full story| Feb. 17
Bids are being taken for a portfolio of mortgage servicing rights on Ginnie Mae loans that have a concentration on the East Coast.

mortgage news archives back to 1999

Large Northeast Credit Union Fails
Feb. 13
A federally insured credit union that is operating in the Empire State with nearly $2 billion in assets has gone belly up.

<read full story>

Mortgage Disparity Between Operating Systems
Feb. 10
In what appears to be a case of disparate impact, users of Windows and Android operating systems pay higher mortgage rates than Apple users.

<read full story>

Mortgage Originations Up at loanDepot
Feb. 13
While many of its peers saw residential loan production weaken during the final quarter of last year, loanDepot LLC reported a healthy gain in new business.

<read full story>

Best LendingTree Network Mortgage Lenders
Feb. 13
Residential finance firms that participate in the LendingTree network have been rated by their customers, an the results are in.

<read full story>

New CEO at Quicken Loans
Feb. 10
An insider has been named to head up Quicken Loans Inc.'s management team. A domino effect impacted three high-profile executives.

<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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