FHA

Mortgage applications to purchase newly constructed homes continues to decline, driven by affordability concerns among potential buyers, the Mortgage Bankers Association said.

Mortgage applications rose 1.6% from one week earlier as falling interest rates contributed to a boost in refinance activity, according to the Mortgage Bankers Association.

Mortgage credit available to consumers increased in November by 1.1% from the previous month as lenders offered more conventional products with expanded underwriting criteria, the Mortgage Bankers Association said.

Growing home prices and climbing interest rates didn't stop millennials from buying houses in October, Ellie Mae said.

Mortgage applications rose for the second straight week as key interest rates fell back toward 5%, according to the Mortgage Bankers Association.

The rush in holiday shopping also boosted the housing market as mortgage applications increased 5.5% from one week earlier, according to the Mortgage Bankers Association.

The Federal Housing Administration's risk-sharing program with the Federal Financing Bank began as a temporary fix, but the agency is exploring how to make it more permanent.

Mortgage application activity decreased 0.1% from one week earlier as refinance volume tanked, although interest rates fell, according to the Mortgage Bankers Association.

Carrington Mortgage Services has created a nondelegated correspondent channel, looking to build on relationships it has with originators that currently broker loans to the company.

The Trump administration should consider putting much of the subsidized mortgage lending done by the federal government under the government-sponsored enterprises to improve efficiency and transparency.

Ginnie Mae is adding steps to its process for evaluating new issuers, including new notification requirements related to subservicer advances, servicing income, and borrowing facilities secured by mortgage servicing rights.

Borrowers buying new homes produced fewer loan applications than they did a year earlier due to October's rising interest rates.

The mortgage insurer’s annual actuarial report showed strength in the agency’s capital reserves even though losses in the “home equity conversion mortgage” program are still a problem.

As interest rates rise, mortgage originators need to teach millennial homebuyers about the product options outside of conventional loans, Ellie Mae said.

Mortgage application activity decreased 3.2% from one week earlier as interest rates rose to eight-year highs and refinancings fell to an 18-year low, according to the Mortgage Bankers Association.

The Federal Housing Administration's life-of-loan premium discourages borrowers from refinancing into another FHA mortgage, damaging the stability of the insurance fund.

Mortgage delinquencies inched up, in part from natural disasters hindering homeowner performance, but a stronger economy is still keeping defaults low, according to the Mortgage Bankers Association.

Mortgage application activity dropped to its lowest level since December 2014 as interest rates reached an eight-year high, according to the Mortgage Bankers Association.

The amount of mortgage credit available to consumers increased to a post-crisis high in October in reaction to more first-time homebuyers entering the market, the Mortgage Bankers Association said.

As the Federal Housing Administration prepares to release its annual actuarial report this month, the industry is questioning how the reverse mortgage program fits into the agency's future.