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The figures point to lingering pent-up demand for previously owned homes, as buyers who may have been waiting for lower rates finally gave in and bought houses.

Foreclosure rates were highest in the region, and nationwide, completed repossessions also saw a significant jump, according to Attom.

Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.

The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.

While the early adopters of these market expansions set their new limits at $845,000, Pennymac is going up to $850,000 and UMW to $847,440 for one-unit homes.

State agencies supervise about 79% of U.S. banks. Their umbrella group just published the questions, documents and risk tiers examiners may use.

Commercial banks have increasingly tapped the Federal Home Loan Bank System for liquidity as rising Treasury yields have made the market for deposits more competitive.

Almost all of the problems with marketing services agreements stem from hiring the wrong attorney, said Marx Sterbcow, a mortgage compliance expert.

While at National Mortgage News and its predecessor, Muolo contributed to award-winning journalism and wrote multiple books which exposed financial crises.

Mortgage rates near 7%, worker shortages and higher materials costs have weakened hopes for the nation's stagnant housing market.