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Ginnie Mae has restricted loanDepot's ability to securitize Veterans Affairs mortgages because of apparent churning of recent originations.
January 30 -
Mortgage originations for the next two years will be higher than previously expected as lower interest rates at the end of 2018 will lead to more refinance volume, Freddie Mac said.
January 30 -
Mortgage application activity decreased 3% from one week earlier as rates for conventional loans continued to move higher, according to the Mortgage Bankers Association.
January 30 -
As 30-year fixed-rate mortgages rose 30 basis points year-over-year, non-QM originations are estimated to grow 400% in 2019.
January 28 -
Mortgage application activity decreased from one week earlier as rising interest rates cooled borrowers' interest in getting a loan, according to the Mortgage Bankers Association.
January 23 -
Flagstar Bancorp's acquisition of 52 Midwest branches of Wells Fargo helped increase its core customer base, but its mortgage results were lower than anticipated in the fourth quarter, according to the Troy, Mich.-based bank.
January 22 -
Slower growth to interest rates and home prices will boost housing affordability in 2019, according to Fannie Mae.
January 22 -
Better Mortgage has launched a mortgage refinance program to help federal government employees affected by the shutdown utilize their home equity for living expenses.
January 18 -
The Milken Institute's plan to address the housing finance system proposes a number of measures that could be carried out by regulators, after years of stalled legislative attempts.
January 17 -
Purchase mortgage application volume reached its highest level in almost nine years as homebuyers took advantage of what might be a fleeting window for lower interest rates.
January 16