Refinance

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.

Nonbank lenders and brokers added 900 employees to their payrolls in August as home sales slowed.

With the myriad home price indices available to the mortgage industry, it's difficult to determine which offers the most cost-effective insights about a particular market. Granularity is a key selling point, but not a one-size-fits-all solution.

Mortgage applications increased 2.9% from one week earlier, according to the Mortgage Bankers Association, as the conforming interest rate fell to its lowest level since July.

More than $200 billion of the most poorly underwritten commercial mortgages originated before the financial crisis come due this year and next, many of them still underwater.

Cash-out refinances rose to the highest level seen since the second quarter of 2009, according to Black Knight Financial Services.

Mortgages jumped more than 20% to 7.4 million originations in 2015, reversing a more than 30% decrease a year earlier, according to housing finance data released Thursday. The data also found that nonbanks accounted for fully half of new mortgage originations — the largest proportion in over 20 years.

Mortgage application volume was down on lower refinance activity, even though rates declined from the previous week.