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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 -
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 -
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 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 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 -
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.
August 23 -
Mortgage application volume was practically flat when compared with one week earlier, according to the Mortgage Bankers Association.
August 16 -
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.
August 11 -
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.
August 11
National Mortgage News -
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.
August 9 -
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.
August 8 -
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.
August 2 -
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.
July 26 -
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.
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