Origination news
Teresa Bryce Bazemore, the president of Radian Guaranty, will retire from the private mortgage insurer at the end of April.
Mortgage industry hiring and new job appointments for the week ending Feb. 24.
Biased housing finance practices perpetuate the wealth gap between whites and communities of color.
The bank is holding on to $31.7 million of the notes to be issued in the $635 million conduit transaction in order to comply with risk retention rules, according to ratings agency presale reports.
CoreLogic reported a 90% year-over-year decline in net income during the fourth quarter, as impairment charges more than offset the company's revenue gains.
Home sales in Connecticut got off to a good start in 2017, with sales and prices rising in January.
Driven by investor uncertainty, mortgage interest rates have moved by two basis points or less for four consecutive weeks, according to Freddie Mac.
Home value appreciation is ramping up in housing markets across the South, led by cities in Tennessee, Florida and Texas.
U.S. Treasury Secretary Steven Mnuchin's seriousness about overhauling the nation's $10 trillion mortgage market will soon be tested.
Chicago home sales and prices heated up in January after an early winter freeze.
Sales of previously owned homes climbed for the fifth time in six months to the highest level since 2007, indicating housing-market momentum will extend into 2017.
January home sales topped last year's kickoff levels, as more buyers apparently jumped into the market early to beat the springtime rush.
The market share of mortgage applications submitted for refinancings hit an eight-year low as total activity decreased 2% from one week earlier, according to the Mortgage Bankers Association.
Texas home sales hit record levels last year for both prices and the number of properties purchased.
Economic growth and lasting positive change within the mortgage industry require carefully considered strategy and close analysis of potential scenarios, not hastily-conceived executive orders.
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