Origination

Mortgage industry hiring and new job appointments for the week ending July 31.

While low interest rates drove up new insurance written, the increased defaults stymied overall performance.

The government-sponsored enterprise reported net earnings of $2.55 billion, up from $461 million in the first quarter.

Mortgage rates fell 2 basis points this week, remaining near their historic lows as they have for the past month with the markets roiled by uncertainty, according to Freddie Mac.

Even amid a global pandemic — and by all accounts spurred by it — Palm Beach, Fla., single-family property sales surged during the second quarter, according to a new round of real estate reports.

The private equity megalith's mortgage trust made a second-quarter net income of over $17.5 million and $85.2 million in core earnings.

The annual survey and ranking of mortgage servicers found that while trust is increasing, borrowers were frustrated with some digital interactions and long wait times with call centers.

Real estate agents say they are seeing more out-of-state homebuyers looking to move to Maine, but so far in 2020, there's been no surge of people from away actually buying homes in the state.

But refis bring overall mortgage application fraud risk back to its record low, First American said.

Having more houses on the market than in June 2019 had the metro area out of step with the nation as a whole, the Oklahoma City Realtors said.