Origination

The changes to the good faith estimate have increased the turnaround time between application and approval and thus negatively affected consumer satisfaction with mortgage originators, the annual J.D. Powers study found.

The first rise in average mortgage rates seen in eight weeks has been more pronounced for longer-term loans, Freddie Mac said Thursday morning, as the rate-indicative 10-year Treasury yield rose once again.

Existing homes sales fell for the fourth consecutive month in the Houston area in October, the local Realtor group reported.

MacDonald Dettwiler and Associates agreed to sell its property information business to TPG, a San Francisco-based private equity firm, for $850 million.

You might see yourself as only one of a million people who are knowledgeable in a particular area, but your friends, family and colleagues may see you as the reigning expert on the subject, the go-to guy or gal with the answers.

Hudson & Marshall will auction 400 REO properties during a three-day event in Atlanta this week.

An 18 basis point rise in rates for 30-year fixed-rate mortgages resulted in a decline in mortgage application volume of 14.4% last week on a seasonally adjusted basis, according to new figures released by the Mortgage Bankers Association. The data was not adjusted for Veterans Day.

Home prices fell 1.1% in September after falling 1.2% in August, according to the just released CoreLogic house price index.

It's not easy being a mortgage loan officer these days. Oh sure, loan volumes are increasing nicely because of the refinancing boom, but there's plenty to worry about, chief among them warehouse "dings" and future caps on compensation.

Historically low mortgage rates are a crucial component of record affordability for home buyers, but lack of confidence in the market and fear of further price declines are challenges that are outweighing that factor, Credit Suisse analysts wrote Wednesday.