Origination

Mortgage and title insurance companies licensed in New York need to file disaster response plans this year in line with increased state attention to business continuity planning.

If 10-year Treasury yields remain at or above 3%, the average 30-year fixed-rate mortgage could hit 5% sooner than previously expected.

As key interest rates grew, the refinance share of mortgage applications hit a low not seen since September 2008, according to the Mortgage Bankers Association.

Portland-area home prices pushed further into record territory in February, but their growth slowed to the lowest level in more than two years.

The bank holding the mortgage on a home owned by a Wichita, Kans. woman accused of embezzling millions from two physician-owned medical businesses and her estranged husband has stated foreclosure proceedings.

The $826.6 million transaction, GPMT 2018-1, represents about two-fifths of the $2.4 billion portfolio of the REIT, which was spun out of Two Harbors Investment last year.

Acting Consumer Financial Protection Bureau Director Mick Mulvaney announced a trio of significant changes to the CFPB.

Flagstar Bancorp returned to profitability in the first quarter after tax reform caused a loss in fourth quarter, but its mortgage revenues dropped 15% due to margin compression and lower volume.

WEI Mortgage discovered a data breach from an email phishing scam last fall that may have exposed loan package information and identifying data such as Social Security numbers.

Though the number of homebuyers requesting house tours grew, those actually making an offer fell considerably, according to Redfin.