Origination

Ellie Mae was the largest gainer among Mortgage Industry Equity Composite stocks on Thursday.

The number of loans in Mortgage Guaranty Insurance Corp.’s delinquent inventory declined by 1,350 in July.

In the wake of the president's housing address, the media largely concentrated on his recommendations for housing finance reform.

A scenario posted on the Mortgage Grapevine is looking for a lender willing to fund a $58,200 refinance loan on an owner-occupied property in Louisiana.

PennyMac Mortgage Investment Trust had net income of $54.5 million for the second quarter, up from $29.6 million one year prior.

Industry experts expect annual home value appreciation rates to end 2013 on a strong note before slowing down considerably over the following three years.

The averages for the week ending Aug. 8 show fixed mortgage rates were relatively unchanged following a mixed employment report for July.

Fannie Mae is reducing its loan loss reserves and reporting strong profits but it has no intention of relaxing its underwriting standards to increase purchase mortgage volume.

The company is under investigation for practices tied to sales of mortgage-backed bonds that the Justice Department has already concluded broke civil laws.

Fannie Mae and Freddie Mac, which policymakers are trying to unwind, have operated with explicit affordable housing goals for more than 20 years.