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Mortgage application activity decreased 2.6% from one week earlier, according to data from the Mortgage Bankers Association.
June 29 -
Contracts to purchase previously owned homes fell more than projected in May, a sign demand cooled after a robust start to the busiest selling season of the year.
June 29 -
The Consumer Financial Protection Bureau is keeping lenders in the dark about how it will ensure borrower data is secure and private under the expanded Home Mortgage Disclosure Act reporting requirements.
June 29
Baker Donalson -
Fannie Mae and Freddie Mac would be put through receivership and turned into lender-owned insurers under a housing-finance overhaul plan co-authored by the companies' former regulator.
June 29 -
The Federal Home Loan banks of Topeka and San Francisco have signed up to participate in a Mortgage Partnership Finance program that pools and securitizes government-backed loans via Ginnie Mae.
June 28 -
The Connecticut Housing Finance Authority intends to offer up to $63 million in fixed-rate bonds on Tuesday and $23 million as variable rate on July 13.
June 28 -
Home prices are more likely to go down in states with economies driven by the energy industry than across the country overall, according to Arch Mortgage Insurance.
June 28 -
The Supreme Court on Monday agreed to hear an appeal by Wells Fargo and Bank of America in a lawsuit brought by the City of Miami to determine whether the city can seek redress for lost tax revenue from allegedly predatory mortgages.
June 28 -
LendingTree is rolling out a new tool designed to help lenders identify borrowers who meet Community Reinvestment Act criteria.
June 28 -
Nationstar Mortgage is issuing its fifth securitization of nonperforming reverse mortgages, a unique esoteric RMBS class the mortgage servicer has engaged in four previous transactions.
June 28




