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A decline in jumbo products led to overall tightening, as conforming and government-sponsored loan categories measured in the Mortgage Bankers Association's index were unchanged from December.
February 9
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Both Zillow and Black Knight Optimal Blue recorded significant increases, but the Freddie Mac survey only reported a 3-basis-point rise.
February 9
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The regulator said it is a violation of anti-kickback rules to present lender results based on their payment to the platform rather than criteria that serves the potential borrower.
February 9
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The company's mortgage operations posted a $24 million pretax profit thanks to servicing, while loan production saw a loss.
February 8
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The company's controlling shareholder wants to replace former HUD Deputy Secretary Pam Patenaude on its board with title company executive Steve Ozonian.
February 8
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The publicly traded acquirer is looking to grow market share by selectively purchasing companies to beef up its influence in certain regions.
February 8
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Refinances surged 18% compared to the prior week and purchases 3%, but growing loan amounts signal still-limited affordability.
February 8
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Virginia and Montana both introduced new bills in the past month, potentially joining several other states in enacting policies that would increase business opportunities for lenders.
February 7
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Adding pricing considerations tied to debt-to-income ratios, which frequently fluctuate, are destined to create problems with borrowers and internal operations, the Mortgage Bankers Association wrote.
February 7
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The Fannie Mae Home Purchase Sentiment Index rose for the third straight month, but concerns about affordability still weigh heavily on the minds of many Americans.
February 7
