The VA

Newly constructed home purchase mortgage applications were down by 12% compared with June, but the data indicates housing starts won't drop as much as expected.

Critics of recent False Claims Act enforcement argue the Justice Department is too heavy-handed toward lenders and servicers. But in an industry reputed for shoddy processes during the crisis, perhaps stringent oversight is warranted.

Mortgage application volume increased 3% from one week earlier as slightly lower interest rates resulted in more refinance activity, according to the Mortgage Bankers Association.

PHH Corp. will pay the Justice Department $75 million to settle a False Claims Act investigation of its underwriting practices on government-insured mortgages and loans sold to Fannie Mae and Freddie Mac.

Mortgage application activity decreased 2.8% from one week earlier as interest rates were flat or moved slightly higher, according to the Mortgage Bankers Association.

He is, by Wall Street standards, a small-time banker. But in 2014, with Donald Trump eyeing a run at the White House, Stephen Calk stepped into the big-money world of New York real estate — and a network of Trump associates.

Loan application volume increased 0.4% from one week earlier, according to the Mortgage Bankers Association, as rates fell to their lowest level in three weeks.

The share of closed purchase loans remained flat in June, affected by the lack of homes for sale, according to Ellie Mae's Origination Insight report.

Mortgage loan application volume increased 6.3% last week as interest rates remained flat after a sharp gain during the previous 14-day period, according to the Mortgage Bankers Association.

Loan application activity for the purchase of newly constructed homes decreased 4% in June from the previous month, according to the Mortgage Bankers Association.