Refinance

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.

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.

Banks are dumping their mortgage servicing rights because low rates and new rules make it hard to earn a profit. SunTrust, Flagstar and First South Bancorp in North Carolina are taking the opposite view.

The June Brexit vote continues to have implications for the mortgage industry, as prepayment rates jumped even higher.

Mortgage rates ticked down slightly from last week's post-Brexit high in anticipation of the Federal Open Market Committee meeting, according to Freddie Mac.