Origination

Following the Consumer Price Index release, the 10-year Treasury yield broke through 4%, making continued increases likely.

One man had paid bribes and kickbacks for improper sales of foreclosure properties, and another had engaged in ownership and wire fraud in a loan relief scheme, the courts determined.

And a trio of large publicly traded nonbank lenders looking to defend market share may consider buying those mid-sized brethren, a Keefe, Bruyette & Woods report said.

Their summer gains come as home price growth begins to slip and reverse mortgage volumes hit a two-and-a-half year low in September.

Rising interest rates could force some community banks to fall below a critical capital threshold that the Federal Housing Finance Agency uses to determine eligibility for Home Loan bank advances.

Softening prices have yet to lead to a turnaround in purchase activity, even as the average loan size fell under $400,000.

And rising rates caused the government-sponsored enterprise to cut its forecast for this year.

The cooperative, which is managed by a subsidiary of Altisource Portfolio Solutions, is adding locations in line with a pilot program established earlier this year.

As many homebuyers' spending power is diminished, home price growth in the Bay Area has slowed, fewer homes are selling above listing price and more sellers are asking for less.

Decline was largely driven by a large dip in cash-out refinance locks.