Housing

Refinancings as a portion of the total origination market rose slightly from August to September, according to Ellie Mae.

Both forecasts call for growth in home purchase volume over the next few years, but the decline in refinance originations will be so steep that overall origination volume will decrease.

Mortgage default rates decreased in September, pushing the composite rate down seven basis points to 0.89%, according to the S&P/Experian Consumer Credit Default Indices.

Private mortgage insurers are seeking a larger share of the credit risk on Fannie Mae and Freddie Mac-guaranteed loans.

Home prices rose at a slow pace from July to August, after experiencing a sharp decline in the previous month, according to FNC.

David H. Stevens, the Mortgage Bankers Association's president, pledged to "shine an aggressive spotlight on abusive enforcement" at the trade group's annual gathering, specifically calling out the Department of Justice.

New-home construction in the U.S. climbed in September, a sign residential real estate will bolster the world's largest economy.

The White House is pushing back on suggestions that it will cut a deal to recapitalize Fannie Mae and Freddie Mac before the end of President Obama’s term, putting the pressure back on Congress for a solution.

Xome, a Nationstar Mortgage Holdings effort to automate the home-buying process, has launched a notary mobile app.

Confidence among homebuilders climbed in October to a 10-year high, a sign demand for housing may remain solid in the months to come.