twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

April 2001 Archive

Cashout Refi's Drop
Freddie Mac expects rates to hover at 7% May 2
Minor Changes Yield Major Benefits With Debt Ratios
Some nontraditional ways to reduce debt ratios May 1
Warren Buffett Cools On Fannie, Freddie

Billionaire investor said that potential "icebergs" in Fannie Mae and Freddie Mac led his Berkshire Hathaway Inc. to sell shares in the mortgage giants April 30
Consumers Waiting for Rates to Fall
How the recent rate cuts will affect mortgage rates on existing loans April 29
Mortgage refinancing enters its crunch time

Economists say rates aren't likely to go much lower this year, April 28
Refis Fall As Rates Dip

Rates expected to hold or drop slightly April 27
Save a fortune by canceling your PMI
Home appreciation reducing loan-to-values April 27
Housing Lenders Draw Few Repeats

Even those who provide exemplary service don't retain customers at a much greater rate than those who are just so-so April 22
Refinancing from jail wouldn't be easy
Cannot verify income source while in detention April 22
Home Loan Aids Buyers, Will Also Boost Lenders
Shared appreciation mortgages April 22
Some Lenders Overcharge For Credit Reports
Lenders caught making these overcharges risk federal lawsuits and potential class actions by groups of borrowers April 21
Applications Decline 3rd Straight Week

Rates rising April 20
Fed's Cut Won't Pare A Lot From Mortgages
The most optimistic outlook is for rates to drop to 6.8 percent April 20
PNC's Residential Portfolio Falls 33%

Drop reflects January's sale of residential mortgage banking business to Washington Mutual April 19
Recent residential ratings actions April 19
Missed The Boat
World Savings 1st quarter originations nearly unchanged from last year April 18
Loan Officer Pleads Guilty In Fraud

Tamira Smyth, 37, of Chicago admitted paying bribes to a Secretary of State official to buy driver's licenses in phony names, said Assistant U.S. Atty. Patrick Collins April 18
Washington Mutual quarterly profits up on loan growth

Recent rate cuts spurred first-quarter profits to rise 40 percent April 17
FleetBoston's quarterly profit down 6 pct

Bank took a loss of $225 million from the sale of its Fleet Mortgage Group April 17
Credit Firm Told to Stop Selling Data

Washington D.C. federal appeals court has ruled that Trans Union Corp. must stop selling lists based on loan information from credit reports April 17
FASB 140 has broader implications for asset-backed market

FASB official says rule is applicable to bonds pooling all consumer assets such as home equity loans and not just commercial real estate loans April 16
Citigroup First-Quarter Profits Fall

Profits at consumer operation -- which includes credit card and mortgage operation -- rose 18 percent to $1.78 billion April 16
More Borrowers Pass On The Mortgage-Rate Lock Option

Economic outlook leading more to speculate about lower rates April 15
Refis fall as rates edge up
Purchase transactions increase 3.6% April 13

Buffett Takes Stake in Laser Mortgage

SEC filing reveals that Buffett holds 6.98% or 979,900 common shares of the New York-based company, which primarily invests in mortgage-backed securities and mortgage loans April 13
Countrywide Receives Fed Approval
Company to acquire Treasury Bank, Ltd. April 12
RBMG Loan Production Jumps 32%
Delinquency falls 30 basis points April 12
Chairman of GM's Financial Unit Says Not Pursuing Sale of Mortgage Lender
Analysts and investors shared some speculation that GM might sell or spin off GMAC home-mortgage unit -- which earned $327 million last year, up from $260 million in 1999 --to focus on core automotive-lending April 11 (subscription required)
Record Activity At Countrywide
Fundings were $9.6 billion in March April 10

Upcoming CPI Release May Hurt Mortgage Rates
Weekly wrap from Financial News and Information Service April 9

Consumer Debt Is Time Bomb For Economy
30 day mortgage loan delinquencies jumped to 4.54% in 4th quarter, the highest rate since 3rd quarter of 1992 April 8

Watch For Home Loan 'Junk Fees'
Termination fee may be used in place of prepayment penalty April 7

Why Big Lenders Are So Afraid Of Fannie Mae and Freddie Mac
Automated underwriting available to mortgage brokers is eliminating need for bank originators April 5 (subscription required)
Carving Out Your Jumbo Loan Niche
Discussion about flat-fee origination April 3

Fannie Mae chief sees mortgage debt growing 6-8pct/yr
Raines: "We think that our prospects for continued growth are quite good, because even though we touch about 24 percent of the mortgage (market), we don't have all the risks on all those mortgages, in fact we only receive about 5 percent of the revenue from managing interest rate risk and credit risk in the whole marketplace" April 3
Washington Mutual to Acquire FleetBoston's Servicing Unit
Deal will make WAMU #2 in mortgage servicing April 2

Friction With Fannie and Freddie
Some subprime lenders unhappy with GSE participation April 2

Don't Look For Lower Rates Soon
Weekly wrap from Financial News and Information Service April 2
Mortgage Firm Bilked Investors
PinnFund executives accused of investor Fraud.

Refis Jump As Rates Edge Up
Fed moves, data fail to ignite bond rally March 30

Mortgage Rate Swings Turn Raleigh, N.C.-Area Brokers into Forecasters
Applicants looking to loan officers for frequent guidance about rates March 29

It's Mortgage War at Canadian Financial Institutions
Competition spurring innovation March 29

Washington Mutual unit files shelf for up to $5 bln
Net proceeds to be used to buy mortgage loans related to certificates March 28

Mortgage Overcharges Causes Problems for Boston-Area Homeowners
Story looks at service that audits mortgage payments to find errors by lenders March 28

Low Rates Credited For Sustained Housing Activity
Home sales dip slightly in February March 27

Rate This One
Recent mortgage industry ratings actions March 27

Weekly wrap from Financial News and Information Service March 26

RBMG Agency-Eligible Production Up 150%
Month-over-month increase 38.6 percent March 23

Refis Fall Even As Rates Improve
Government applications rise March 23

OPINION - U.S. Mortgages and Rates By David Beadle
Discussion of annual percentage rates March 23

Fed Interest Cut May Produce Mixed Mortgage Impact
Short term rates likely will fall, but long term rates could jump before falling further March 22
Mutual Action
Class action lawsuit filed against Washington Mutual subsidiary March 21

Bank of America adds to real estate operations
Company to add about 200 new positions in its Buffalo, N.Y., and Louisville, Ky., servicing centers March 20

Time To Lock?
Financial News & Information Service predicts rate spike on Tuesday March 19

Capital "B" (for billion)
OFHEO releases 4th quarter capital classification report for Fannie & Freddie March 19

It's A Wrap
Interest rate commentary for the week ended March 16 March 19

Life savers
Mortgage innovations help housing market stay afloat March 20

Plunge in Stocks Colors Debate on Size of Fed Rate Cut
Federal Reserve will meet Tuesday to decide how much to cut interest rates, thus influencing what lenders charge for mortgages, home equity loans March 19

Par Not a Winner for Mortgage Investors
When 6.5% mortgage bonds hit par, homeowners whose loans are pooled in 7-1/2 percent securities are more likely to refinance March 18

Mortgage Activity Drops 10%
Rates mostly unchanged March 16

Mortgage Delinquencies Rise
FHA delinquency rate rises 142 basis points to 10.46% March 15

Continued Strength in Real Estate
Mortgage lenders benefit, for now March 15

Old Standards
Servicers talk about servicing nonstandard mortgage loans March 13

Prepayment worries stew as US rates fall on stock swoon
Equities' declines raised speculation about greater rate cut at Federal Open Market Committee meeting next week March 12

Record Mortgage Application Activity At Countrywide
Company releases operational data for February March 9

CEO's of Wells Fargo & American International say GSE's Made Threats
Wall Street Journal also reports that J.P. Morgan Chase & Co. executive made similar comment March 8

The Rating Game
Recent mortgage industry ratings actions March 6

Rates, Refis Down Slightly As Purchase Activity Edges Up
Spread between 15 year and 30 year widens March 2

New England Leads Country in Home Appreciation
Region sees home prices increase 13.2% during past year according to data compiled from Fannie/Freddie loans March 2

Mortgage refinancing could be US cushion-Fannie Mae
Raines: "Refinancing acts as a tax cut" March 2

RBMG January Production Up 50%
Servicing portfolio at $7.8 billion February 28

Blum CB Corp to acquire CB Richard Ellis
Transaction priced at $16 per share in cash February 26

In re Borrower Vs Servicer, et al
Attorneys talk about mortgage servicing litigation issues February 23

Rates, Refis Reported As Slightly Worse
Spread between 15 year and 30 year fixed rate widens to 43 basis points February 22

MBA Holds Servicing Conference
San Antonio hosting leaders in mortgage servicing February 22

Mortgage Broker Holds Convention
Eighty vendors featured at Allied Mortgage's trade show February 20

Average Mortgage Rates Lowest In Northeast
Rates little changed from last week February 15

Out of bounds
, Freddie fighting efforts to limit operations February 15

Ratings Actions
Recent announcements from ratings agencies about mortgage industry companies February 14

/Freddie exceed OFHEO minimum critical capital levels by 100% February 14

FiNet Struggling To Stay Listed
Reverse stock split planned for Monument parent February 13

First Tennessee Markets Portfolio
Company using press release to market $1.2 billion conventional servicing portfolio February 13

Freddie Predicts 7% to 7.5% Rates
Quarterly Freddie Mac economic forecast suggests that refis may constitute majority originations this year February 12

Cendant Mortgage Volume Rises 32%
Production loan closings $5.8 billion during 4th quarter February 12

Countrywide Pipeline Swells
January loans in process were $12.9 billion February 9

Refis Jump 31%
survey for February 2 February 7

Middle Income Families Struggling
Census data show middle income families struggling with affordable housing February 6

MBA Holds Commercial Finance Conference
Commercial real estate finance/multifamily housing convention being held in San Diego February 5

HUD Secretary Talks To CNN
Mel Martinez to focus on higher level of home ownership February 1

Mortgage Rates Heading Down Again
Average mortgage rates down to 7.09% from 7.15 percent last week February 1

Mortgage Applications Fall
survey for week ending Jan 26 January 31

Treasuries Firm Pending Fed Announcement
Ten year bond
rate down nine basis points to 5.22% in early afternoon trading January 30

U.S. Mortgage Debt Reaches $5.6 Trillion in 2000
Fannie Mae
executive speaks at financial services conference January 25

Spread Between 30 yr & 15 yr Fixed Rate Widens
Fixed rates rise as economic conditions may not be slowing as quickly as anticipated January 25

Martinez Confirmed As HUD Secretary
confirms Mel Martinez as secretary of Housing and Urban Development January 24

Realtors Oppose Bank Owned Brokerages
National Association of Realtors urging members to halt Fed Proposal January 22

MBA President Meets With Senate Leader
Woodward shares MBA's 2001 agenda with new administration and congressional leaders January 19

Freddie Mac Announces Record Earnings For 2000
2000 Earnings Per Share Up 15 Percent January 18
Fixed-Rates Mortgage Rates Inch Up This Week According To Freddie Mac Survey
Historically Low Rates Expected To Fuel Strong Demand For Housing In 2001 January 18

MBA Endorses Housing Secretary Designate
Organization calls him an innovative and thoughtful leader January 17

Mortgage Loan Applications Up In Latest MBA Weekly Survey
Index of mortgage loan applications for the week ending Jan. 12 January 17

Freddie Forecasts Another Successful Year For Housing In 2001
Threat Of A Recession Is Still Considered Small January 16

Mortgage Rates Fall Below 7%
Freddie Mac
weekly survey for week ended January 12 January 11

Fannie Mae sets 14th Consecutive Annual Record
Y2k earnings $4.448 billion January 11

Mortgage Loan Applications Up In Latest MBA Weekly Survey
Refi activity represented 54.6% of total apps in survey for week ending Jan 4 January 10

Mortgage Industry Posted Healthy Profits In 1999
Cost Study conducted by MBA January 8

Originators Report Lower Mortgage Rates
Brokers and lenders react to CBS Marketwatch Story January 5

Mortgage Rates Down Again
Freddie Mac's
Primary Mortgage Market Survey for the week ending
January 5, 2001 January 4

Mortgage Loan Applications Down In Latest MBA Weekly Survey
Weekly Mortgage Applications Survey for the week ending December 29 January 3

Mortgage Delinquencies Up
National Delinquency Survey For Third Quarter 2000 January 2

Fannie's Flying High
Shares of mortgage behemoth Fannie Mae trading at all time high December 29

Rates Keep Falling
Freddie Mac's
Primary Mortgage Market Survey for week ending December 29 December 28

Mortgage Loan Applications Down In Latest MBA Weekly Survey
Survey For Week Ending December 22 December 28

Mortgage Rates Drop Quarter Percent
Freddie Mac
survey for week ending December 22 December 21

Bush Names Mel Martinez as Housing Secretary
Orange County Chairman takes credit for two years of property tax reductions in the Florida County December 20

Mortgage Loan Applications Down In Latest MBA Weekly Survey
Mortgage Bankers weekly survey for week ended Dec 15 December 20

Mortgage Rates Down Over 10 Basis Points From Last Week
Freddie Mac
rate survey for week ended December 15 December 14

Mortgage Loan Applications Up In Latest MBA Weekly Survey
Market composite index of loan apps for week ending Dec. 8 December 13

30 Year Rate At Eighteen Month Low
Freddie Mac
Mortgage Market Survey for week ending December 8 December 7

Mortgage Loan Applications Up In Latest MBA Weekly Survey
Survey for the week ended Dec 1 December 5
How To Get Mortgage Leads Regardless Of Rates August 5
Logout forgot

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

sales blog

secondary marketing

social media

servicing news

subprime news

wholesale lenders

wireless mortgage news