Servicing

The average primary market rate for a 30-year fixed-rate mortgage fell six basis points to 4.31% during the week ending July 25.

New York housing advocates are sending out advocacy alerts to anyone who sees value in preserving the Low Income Housing Tax Credit in the tax code.

CoreLogic reported net income of $43.6 million for the second quarter, a slight increase from 2Q12’s $42.7 million.

Mortgage purchases by Freddie Mac rebounded in June but the share of refinancings dropped below 70% for the first time since December.

Institutional investors purchased fewer residential properties in June than a year ago, but these types of buyers will still be able to acquire single-family homes, condominiums and co-ops in certain markets.

Discover Financial Services in the next few months plans to enter the home equity lending business.

Zacks found the company beat its consensus per-share net earnings estimate but missed its estimate for homebuilding revenue.

Prospect Mortgage has promoted Amy Brandt to chief operating officer.

Interactive Mortgage Advisors is exclusively brokering a $509 million Ginnie Mae bulk residential mortgage servicing rights offering.

Radian's common stock closed up 0.29% after reporting a second-quarter net loss.