Refinance

New research findings challenge common assumptions about borrower behavior, illustrating how trended data — something mortgage lenders will soon be required to collect — could be a game-changer.

Mortgage applications and interest rates both increased during the week ending May 20, according to the Mortgage Bankers Association’s weekly survey.

The experience of updating systems and overhauling workflows that mortgage lenders gleaned from implementing the TILA-RESPA integrated disclosures could prove useful to portfolio lenders as they implement a similarly complex accounting rule for reporting credit losses.

Fannie Mae forecasts flat to declining 30-year mortgage interest rates this year and next, while Freddie Mac thinks they will increase.

The percentage of loan applications which become closed loans slipped from March's high last month, according to Ellie Mae.

Mortgage applications decreased 1.6% from one week earlier, according to the Mortgage Bankers Association.

Despite loan originations falling year-over-year, dollar volume is up thanks to a surge in home equity lines of credit, according to RealtyTrac.

Mortgage applications increased 0.4% from one week earlier, according to the Mortgage Bankers Association.

Mortgage applications dipped 3.4% from a week earlier, according to the Mortgage Bankers Association.

United Guaranty's pretax operating income of $163 million benefited from lower mortgage delinquency rates but a decline in refinance originations affected the amount of new insurance written.

Home price gains across the country are reducing the positive benefits homeowners will feel from low rates, according to Black Knight Financial Services.

A healthy housing market is expected to buoy purchase mortgage volumes this year, while rising rates will put a damper on refinancing, according to a report from rating agency DBRS.

Its results were affected by the costs related to shutting the delinquent loan services business.

The time to close residential mortgage loans continues to drop, falling an average of two days in March from the previous month, Ellie Mae reported.

Total mortgage applications increased last week, due to an increase in refinance applications, according to the Mortgage Bankers Association.

PNC Financial Services said its residential mortgage business lost $13 million in the first quarter due to its servicing portfolio hedging activities and lower loan sales income.

Mortgage applications increased 2.7% on a seasonally adjusted basis for the week ending April 1, with refinance activity leading the way, according to the Mortgage Bankers Association.

Third Federal Savings and Loan in Cleveland has long offered mortgage refinancing in New Jersey, Pennsylvania, Maryland, Virginia and North Carolina and now it plans to offer purchase loans in those states.

While the percentage of properties with negative equity decreased during 2015, the lowest-priced homes continued to struggle to regain value, according to Black Knight Financial Services.

Fifth Third Bank is offering a teaser rate to new home equity line of credit borrowers through July 31.