Economy

United Wholesale Mortgage has introduced software to help brokers and correspondents close loans faster.

Essent Guaranty did $7.23 billion of new insurance written in the second quarter, the second highest volume in the company's brief existence.

Consumers have soured on the housing market as more people hold a negative perspective regarding their personal finances and the overall economy, Fannie Mae reported in its July 2015 National Housing Survey.

Employment in the mortgage banking and broker sector has grown 5.8% since June 2014.

Competition among lenders has been good for homebuyers.

Walker & Dunlop reported a higher second-quarter profit, citing gains from mortgage banking and servicing fees.

Capital One Financial is in exclusive talks with General Electric to buy the company's health-care finance unit, people familiar with the matter said.

Bank of America is offering $1.2 billion of mostly delinquent home loans, extending a series of sales by lenders seeking to pare holdings and meet demand by investment firms for soured mortgages.

Stonegate Mortgage reported a large increase in second-quarter profit on higher originations and a larger servicing portfolio.

United Guaranty Corp., the private mortgage insurance subsidiary of American International Group, has obtained reinsurance coverage on approximately $299 million of the book of business it wrote between 2009 and the first quarter of 2013.

Despite being introduced to the market with great fanfare, Fannie Mae's 3% down payment mortgage offering has yet to gain much traction with lenders and consumers.

NMI Holdings Inc., the parent company of National Mortgage Insurance, lost $10.4 million in the second quarter, compared with a $12.9 million loss one year prior.

Interest rates on fixed-rate mortgage loans fell for the third consecutive week, according to Freddie Mac.

With purchase mortgages poised to supplant an expected drop in refinancing, here's a look at the 10 markets with the biggest year-over-year pickup in home sales.

Former Wilmington Trust President Robert V.A. Harra was indicted on U.S. charges that he lied to regulators as part of a scheme to hide bad real estate loans

M&T Bank Corp. said it's in discussions with U.S. officials to settle an investigation into the lender's origination and sale of federally insured home loans.

Carrington Mortgage Services said it has helped more than 10,000 consumers, in its campaign to serve underbanked borrowers, originating more than $1.8 billion of loans.

delinquencies, CMBS, commercial mortgage-backed securities,Trepp

Prospective borrowers for single-family homes will be required to make a minimum down payment of 15% of the purchase price, down from 20%. The borrower must have a minimum FICO score of 680, down from 740.

Stark Enterprises, a commercial real estate developer in Cleveland, has formed a capital-markets division to provide equity and debt financing and related services.