Origination

Holiday-adjusted refinance applications during the week ending June 3 inched up in response to a slight drop in rates but overall applications were down on the week, according to the Mortgage Bankers Association’s survey.

A tale of two markets is emerging in Las Vegas, where houses priced under $600,000 sell much faster than those over that benchmark.

WASHINGTON—The pending change in federal loan limits will have a much larger impact on mortgages insured by the Federal Housing Administration than on those purchased or securitized by either Fannie Mae or Freddie Mac.

A report by the National Academy of Social Insurance claims that changes made during the 1980s by Congress to the Social Security program will cut retirement benefits by 19% for those who were born in 1960 and later.

The Consumer Financial Protection Bureau has received more than 14,500 individual comments on its model mortgage disclosure forms.

Federal Reserve chairman Ben Bernanke expects hiring and economic growth to "pick up" in the second half of this year, but the nation’s central banker did not provide any encouraging words for the housing industry.

Despite a rocky housing market, American voters still believe that owning a home is an important goal and is one of the best investments they can make, according to a poll commissioned by the National Association of Home Builders.

Add the name of Alexander ‘Zan’ Hamilton to the growing list of former mortgage bankers who are hoping to get back into the game.

Concern over rising energy prices and a lack of urgency to buy in a declining home price market has real estate agents reporting declining homebuyer traffic and prices.

Two Harbors Investment Corp. said at press time last month it was closing on a $100 million mortgage warehouse facility with Barclays Bank and would be acquiring prime jumbo residential mortgages for eventual securitization from select originators.