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MGIC Investment Corp. earned $109 million in the second quarter, as an income tax provision for the period cut into net income.
July 19 -
Federal Housing Administration borrowers have been refinancing faster than expected, creating a drag on efforts to build up the capital reserves of the agency's mortgage insurance fund.
July 19 -
Mortgage originations typically surge in a low-rate environment. Second-quarter reports should show an uptick in fees from selling those loans, but what will bankers say about the rest of this year?
July 18 -
The San Francisco bank reported a 17% drop in mortgage fee income during the second quarter as other lenders made inroads by refinancing its customers.
July 15 -
PNC Financial Services Group's mortgage income rebounded in the second quarter as the company's servicing hedging activities returned to profitability.
July 15 -
Carmen Inclan of Raymond James Bank recognizes customers are happiest, and business booms, when communication is prioritized.
July 15 -
Upcoming risk retention requirements may be the proverbial straw that breaks the back of the commercial mortgage-backed securities market.
July 15 -
Mortgage applications increased 7.2% from one week earlier as the lowest rates in three years have brought consumers in to refinance, according to the Mortgage Bankers Association.
July 13 -
Nonbanks continue to expand their share of lending volumes as depositories keep scaling back their business in the residential mortgage space.
July 12 -
Progress Residential is refinancing its first securitization of single-family rental properties.
July 12 -
Citigroup's next commercial mortgage securitization has heavy exposure to split loans that serve as collateral for a number of other transactions.
July 12 -
Late payments on securitized commercial mortgages moved noticeably higher in June, as several large loans failed to pay off at maturity.
July 8 -
Nonbank lenders and brokers added 500 new workers to their payrolls in May.
July 8 -
Refinance requests have skyrocketed due to falling mortgage rates after voters in the United Kingdom voted to leave the European Union, according to Zillow.
July 8 -
Intensive year-long program features program managers as coaches, business segment rotations and even group hugs.
July 8 -
Mortgage rates dropped this week to their lowest point this year as yields on the 10-year Treasury remain depressed in the wake of the Brexit vote.
July 7 -
Assurant Inc. in Atlanta has acquired American Title, a title and valuation services provider.
July 7 -
Mortgage applications increased 14.2% from one week earlier as rates dropped in reaction to the Brexit vote, according to the Mortgage Bankers Association.
July 6 -
A previous career in the restaurant industry sparked an idea that helped Chong Yi nearly double his production dollar volume.
July 1 -
Loan application defect risk continued to decline in May, according to First American Financial Corp.
June 30















