The VA

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.

Mortgage application activity decreased from one week earlier due to normal seasonal trends, according to the Mortgage Bankers Association.

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.

As mortgage rates dropped to new lows for the year, loan application volume increased from one week earlier, according to the Mortgage Bankers Association.

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.

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.

Mortgage refinancing applications were more than half of the volume for the first time since January, according to the Mortgage Bankers Association.

Mortgage applications decreased 2.3% from one week ago, according to the Mortgage Bankers Association.

There was very little change in mortgage application activity for the second consecutive week, according to the Mortgage Bankers Association.

Mortgage application volume was practically flat when compared with one week earlier, according to the Mortgage Bankers Association.