Origination

Mortgage credit availability decreased in August as one originator decided to stop its whole loan purchase program, according to data released Thursday by the Mortgage Bankers Association.

Regardless of who wins in November, the mortgage industry will see significant changes, but Hillary Clinton and Donald Trump would take very different approaches to housing and regulatory issues, said Mortgage Bankers Association President and CEO David Stevens.

Mortgage rates moved slightly lower for the week, helping to spur ongoing refinance activity, according to Freddie Mac.

Homebuilder PulteGroup Inc. said its president, Ryan Marshall, will take over immediately as chief executive officer.

There are more than 300 Louisiana properties affected by floods included in commercial mortgage-backed securities, according to Morningstar Credit Ratings.

Though the Federal Housing Finance Agency has yet to provide full details about its new refinancing program to be launched next year, some analysts and industry observers are already convinced it will have only a limited impact.

A California man was sentenced to 52 months in federal prison over his role in an alleged mortgage loan modification scheme.

A slight uptick in refinances led to a similarly small increase in mortgage applications from last week, according to data released Wednesday by the Mortgage Bankers Association.

Home purchase sentiment fell in August as home price expectations and other components decreased from record highs one month ago, according to Fannie Mae.

Altisource has expanded its offerings to include foreclosure auction services.