Origination

A weak jobs report was enough to send mortgage rates into a downward spiral, according to Freddie Mac's Primary Mortgage Market Survey for the week ending Oct. 8.

By using data from both post-closing and prefunding quality control reviews, lenders can craft a more proactive prefunding QC strategy that takes into account high-risk areas that are specific to their businesses.

U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.

The House voted 303 to 121 on Wednesday to pass a bill that would delay enforcement of new mortgage disclosures that went into effect on Oct. 3.

Consumer confidence in the housing market rose in September, after dipping in the summer, according to a new Fannie Mae report.

Getting those last-minute applications in before the TILA-RESPA Integrated Disclosure implementation date caused mortgage application volume to rise 25.5% on an adjusted basis in the week ending Oct. 2.

Stewart Information Services Corp., a Houston-based title insurance underwriter, has launched a companywide rebranding effort to support other growth initiatives.

Jon Gray, global head of real estate at Blackstone Group, said the private equity firm is "bullish" on rental housing in New York and Miami, two cities where high home prices make purchases more difficult, sending tenants to the landlord's apartments and houses.

The clash between the Department of Housing and Urban Development and its inspector general over down payment assistance programs run by state or local housing finance agencies continues to heat up.

Fannie Mae and Freddie Mac have put billions of dollars' worth of distressed mortgage assets up for sale this year, but small buyers acquiring carve-outs of these offerings are driving activity in this niche market.