Origination

A drop in mortgage banking cut into Trustmark's second-quarter profit, as did the costs to extend buyouts to employees.

CoreLogic reported higher net income during the second quarter, reflecting the positive impact of its new valuation subsidiary and acquisitions.

U.S. Mortgage Insurers has selected MGIC Chief Executive Patrick Sinks as its new chairman.

Home prices in 20 U.S. cities rose less than projected in May from a year earlier, signaling both buyers and sellers had the potential to benefit during the busy selling season.

Purchases of new single-family homes rose in June to the highest level in more than eight years, indicating a firm and resilient housing market.

EverBank Financial in Jacksonville, Fla., confirmed that it is in talks to sell itself.

Despite fears that increased compliance costs from new Consumer Financial Protection Bureau rules could drive community lenders out of the mortgage business, a watchdog report found that smaller companies remain active.

Mountain states are leading the way as home prices edge closer to their 2006 peak, according to Black Knight Financial Services.

Democrats will adopt a party platform this week that omits most references to a need for continued post-housing crisis reforms, and instead focuses on expanding access to mortgage credit and support for industry regulation.

Regulators sought to limit improper contact between lenders and appraisers, but policies of the two mortgage giants encourage the kind of practices that contributed to the housing crisis.