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Bankers were pleased with the dramatic leap in home lending last quarter, but they cautioned that volume will slow in the second half as rate increases curb refinancings, nonbanks provide stiffer competition, servicing costs remain high and underwriting standards change.
July 22 -
Radian's note repurchase and issuance of new debt have helped increase the liquidity and capital strength of its mortgage insurance business.
July 22 -
U.S. home prices rose in May as a limited supply of properties for sale failed to meet demand from first-time buyers.
July 22 -
Sales of previously owned U.S. homes climbed to an eight-year high in June as momentum in the residential real estate market accelerated.
July 22 -
Mortgage application volume rose 0.1% for the week ending July 17, a slight uptick from a week earlier, according to the Mortgage Bankers Association's weekly survey.
July 22 -
Genworth Financial Inc. is in exclusive talks to sell a European unit to France's Axa SA as Chief Executive Officer Tom McInerney works to fill a capital gap at its private mortgage insurance subsidiary.
July 22 -
The Consumer Financial Protection Bureau has issued its final rule for the "Know Before You Owe" mortgage disclosure rule, which is also known as TILA-RESPA or TRID.
July 21 -
Regulators gave conditional approval for CIT Group's deal to buy OneWest Bank, paving the way for an institution that would be deemed systemically important, with $70 billion in combined assets.
July 21 -
Consumer credit defaults increased during June, according to data from the S&P Dow Jones Indices and consumer credit reporting agency Experian.
July 21 -
From CFPB and TRID to QM and ATR, the barrage of new abbreviations emanating from the Dodd-Frank Act has only been matched by the enormity of the changes it made to the mortgage industry. Here are 10 ways that the landmark financial reform legislation has reshaped the mortgage industry since becoming law five years ago.
July 21





