Jumbo mortgages

Banks are seeing stronger consumer demand for credit for a range of products, including residential mortgages, auto loans and credit cards, according to a Federal Reserve Board survey of senior loan officers released Monday.

EverBank Financial, driven by growth in jumbo mortgage originations, had second quarter home loan volume of $2.7 billion, up from $2.2 billion one year prior.

Down payments increased in size in the second quarter, as competition for homes picked up this summer, according to LendingTree.

Mortgage applications for the week ending July 24 rose by nearly a percentage point, according to the Mortgage Bankers Association.

Demand for home purchases rose in June although more slowly than in previous months, the online real estate brokerage Redfin said. The firm also projected a slowdown in the rise of home values.

Bankers were pleased with the dramatic leap in home lending last quarter, but they cautioned that volume will slow in the second half as rate increases curb refinancings, nonbanks provide stiffer competition, servicing costs remain high and underwriting standards change.

Mortgage application volume rose 0.1% for the week ending July 17, a slight uptick from a week earlier, according to the Mortgage Bankers Association's weekly survey.

United Wholesale Mortgage has begun offering interest-only mortgages through its third party origination channels.

JPMorgan Securities will issue a total of $388 million of securities backed by two pools of jumbo, prime residential mortgages.

Citigroup's combined gain-on-sale and mortgage servicing revenue increased by 34% in the second quarter over the same period last year.

Mortgage applications fell 1.9% for the week ending July 10, compared to a week earlier, according to the Mortgage Bankers Association's weekly survey.

Jumbo mortgage lending is the prime driver of the increase in JPMorgan Chase's loan portfolio.

Struggling to win business in the age of QM, Impac Mortgage has relaxed underwriting requirements in hopes of attracting borrowers many other lenders won't touch.

New prime jumbo residential mortgage-backed securities issuance looks on track to outpace last year's levels, Fitch Ratings announced Monday.

Mortgage credit availability fell in June despite signs of improving housing markets, says the Mortgage Bankers Association.

Top Producer Jamie Tyndall found a way to get closing documents to Russia so a couple adopting a baby would return to a new home.

Mortgage applications fell 4.7% from a week earlier on a seasonally adjusted basis, according to the Mortgage Bankers Association's weekly survey.

The differences in wealth and housing preferences between baby boomers and millennials is changing the residential real estate market, with a shift to rental properties among younger people.

Mortgage applications rose 1.6% on a seasonally adjusted basis from a week earlier, according to the Mortgage Bankers Association's weekly survey.

The second-largest provider of U.S. mortgages through brokers is bringing back a debt type that that's almost disappeared since the financial crisis: Interest-only loans.