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Freddie Mac is hiking its origination forecast by $200 billion to $1.65 trillion for the year.
July 19 -
Sales of existing homes unexpectedly fell 5.4% in June after holding steady in April and May.
July 19 -
As officials at the Consumer Financial Protection Bureau sift through the latest round of comment letters on the qualified mortgage rule, chances are they see another industry fire to contend with.
July 19 -

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Wells Fargo will continue to purchase brokered loans through its correspondent channel, which has cheered up the National Association of Mortgage Brokers.
July 18 -
U.S. Bancorp set record net earnings of $1.4 billion for the second quarter, up 18% from $1.2 billion in 2Q11.
July 18 -
Flagstar Bancorp reported that it earned $86 million in the second quarter compared with a loss of $74.9 million a year earlier.
July 18 -
LOS providers who offer, and lenders who select, an EDM product thats crafted and maintained by a team of skilled craftsmen, not a Jack of all trades wont be disappointed; even after the check is cashed.
July 18
Axacore -
PNC Financial Services said second-quarter profit declined 40% on costs tied to mortgage-putback demands.
July 18 -
Bank of America is growing its retail residential mortgage originations and hiring loan officers even as it continues to cut back debt and expenses in other areas.
July 18



