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A decline in refinancing applications offset the gain in purchase activity, leading to an overall drop in application activity of 0.4% from one week earlier.
October 4 -
The Federal Housing Administration is extending processing hours for reverse mortgages this weekend to accommodate a rush to get loans approved ahead of rule changes coming Oct. 2.
September 29 -
Mortgage application activity decreased 0.5% from one week earlier as a decline in refinance volume was only partially offset by an increase in purchases.
September 27 -
Borrower and mortgage eligibility problems, a sign of the shift to a purchase market, were the leading cause of critical defects found following post-closing reviews, according to Aces Risk Management.
September 25 -
Nominated last week as FHA commissioner, Brian Montgomery would lead an agency with a much better delinquency rate, but face new challenges.
September 21 -
The Federal Housing Administration responded to lender concerns about timelines that delay property re-inspections after storms by issuing a waiver for properties affected by Hurricane Irma.
September 21 -
Despite an uptick in interest rates, refinance loans held steady in August and closing rates reached a new 2017 high.
September 21 -
A federal judge awarded treble damages totaling $296 million in a False Claims Act case alleging Texas lender Allied Home Mortgage defrauded the Federal Housing Administration mortgage program.
September 20 -
Mortgage application activity decreased from one week earlier due to normal seasonal trends, according to the Mortgage Bankers Association.
September 20 -
The Mortgage Bankers Association wants the Department of Housing and Urban Development to tweak a policy on re-inspections of homes that are in a pending sale during a natural disaster.
September 15 -
The U.S. is investigating lenders for allegedly pressuring veterans and members of the military into unneeded mortgage refinances — unsavory conduct that not only leads to higher consumer costs but has consequences for one of the world’s largest bond markets.
September 15 -
As expected, President Trump has nominated Brian Montgomery to serve as the commissioner of the Federal Housing Administration.
September 13 -
As mortgage rates dropped to new lows for the year, loan application volume increased from one week earlier, according to the Mortgage Bankers Association.
September 13 -
Looser underwriting standards for agency-eligible adjustable-rate mortgages helped increase credit availability in August to its highest level since April, according to the Mortgage Bankers Association.
September 11 -
The average number of days to close a home loan for a millennial varied significantly by state in July as buyers continued competing for tight inventory, according to Ellie Mae.
September 8 -
Mortgage refinancing applications were more than half of the volume for the first time since January, according to the Mortgage Bankers Association.
September 6 -
The long-term recovery for thousands of Texans whose homes were decimated by Hurricane Harvey rests with a Trump administration government outsider who wants his agency's budget cut by billions of dollars.
September 5 -
From payment forbearances to financing to start the rebuilding process, here's a look at five ways homeowners affected by Hurricane Harvey can get mortgage help.
August 31 -
Mortgage applications decreased 2.3% from one week ago, according to the Mortgage Bankers Association.
August 30 -
There was very little change in mortgage application activity for the second consecutive week, according to the Mortgage Bankers Association.
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