Origination

The nonprofit behind McGruff the Crime Dog has designated mortgage fraudsters as its next target.

Contrary to the arguments of its critics, the mortgage insurance premium reduction issued in January has helped spur positive capital growth for the Federal Housing Administration.

Mortgage application volume fell 27.6% on an adjusted basis for the week ending Oct. 9, reversing the rush of the previous week caused by the TILA-RESPA Integrated Disclosure rule becoming effective, according to the Mortgage Bankers Association.

PNC Financial Services Group reported third-quarter profit that beat analysts' estimates as the lender cut costs to counter a decline in revenue.

Profit margins in JPMorgan Chase's mortgage banking unit were down in the third quarter, primarily due to the shift in the mix from refinance activity to home purchases, and from retail loan originations to correspondent lending.

Homeowners continue to give their properties a higher valuation than appraisers would, according to Quicken Loans.

As the mortgage industry awaits clear direction on marketing service agreements, recent guidance from the Consumer Financial Protection Bureau clarifies only how little the agency likes them.

California priced $446 million in veterans' general obligation bonds last week in a combined refunding/new money sale.

National foreclosure inventory fell to 470,000, or 1.2% of all mortgaged homes in August, compared with 629,000, or 1.6% of all mortgaged homes in August 2014, CoreLogic reported Tuesday.

"How's TRID going with you?" is sure to be the most-asked question at the Mortgage Bankers Association's Annual Convention, but fair lending compliance and the Qualified Residential Mortgage rule are among the key market developments that will dominate conversations.