Refinance

Renewable Funding, emboldened by the success of its first three trips to the securitization market, is preparing to finance an even larger portion of its lending for energy efficiency upgrades.

Refinance activity rose as a share of overall closed loans in October, according to Ellie Mae's Origination Insight Report.

Mortgage applications slumped last week after the sharpest increase in borrowing costs since mid-2013, signaling tougher sledding for the housing market.

Industry forecasts for 2017 mortgage volume assumed a continuation of current housing and economic policies under a Hillary Clinton administration. But with Donald Trump's win, analysts are sorting out what, if any, adjustments are needed to those projections.

Mortgage application volume decreased 1.2% from one week earlier as rates increased to their highest level since June, according to the Mortgage Bankers Association.

Hiring by independent mortgage firms accelerated in September after a slowdown in the prior month.

A new refinance mortgage offered by SoFi and Fannie Mae lets consumers tap into their home equity to pay down student loan debt at terms more favorable than a traditional cash-out refi.

Mortgage application activity decreased 1.2% from one week earlier, its lowest level since May, according to the Mortgage Bankers Association.

Nationstar Mortgage Holdings reported third-quarter net income of $45 million, driven by the large percentage of servicing customers its origination business recaptured.

Freddie Mac's credit risk transfers come with a hefty price tag, but are ultimately still worth it, according to Chief Executive Don Layton.

Freddie Mac's net income rose to $2.3 billion in the third quarter, a big turnaround from the same point last year, when it lost $475 million due to derivative hedging instruments.

Home prices will increase by more than 5% over the next year, after increasing by 6.3% on a year-over-year basis in September, according to CoreLogic.

Blackstone Real Estate Partners is tapping the securitization market for a cash-out refinancing of The Cosmopolitan of Las Vegas hotel and casino.

September's mortgage application defect risk declined 1.4% from August and 14.8% from one year ago, because of the continued improvement in loan manufacturing processes, said First American Financial Corp.

Radian Group reported an 18% uptick in net income as it set a company record for the highest quarterly volume of flow mortgage insurance.

Mortgage applications decreased 4.1% on a seasonally adjusted basis from the previous week as purchase activity was at its lowest point since January, according to the Mortgage Bankers Association.

The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services.

Fannie Mae is planning to provide relief to lenders from potential buybacks for loans in which the borrower's income, assets and employment information have been validated through automated underwriting.

Refinance activity grew modestly in September, according to a report from Ellie Mae.

Mortgage applications decreased 6% from one week earlier, according to the Mortgage Bankers Association.