Originations

Refinance mortgage application volume increased 18% for the week ended Sept. 13, just one week after activity sunk to its lowest level since June 2009.

Construction work began on 3% more single-family housing units nationwide in August than the prior month.

We're hearing that in the wake of the rate volatility seen this year, technology advances have made pipeline risk easier to manage when it comes to placing loans in the secondary market.

Updated features include a new user interface and corporate branding functions.

No apparent worries about rates as 15 of 17 Mortgage Industry Equity Composite stocks closed higher.

The California Association of Realtors added sales of condominiums and townhomes were up 8% over last August and 5% so far this year when compared with last.

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Fewer consumers defaulted on their first mortgages in August compared to the previous month, but the same positive news did not occur for second mortgages.

Wells Fargo and RBS priced the $930.8 million commercial mortgage-backed security known as WFRBS 2013-C16.

An originator is turning to the Mortgage Grapevine to look for a lender who is willing to fund a property which will be owner-occupied that the buyer is acquiring from HUD.

An executive with Residential Finance Corp. has confirmed that the company has closed an operations center in Charlotte.

Cortland said it will incur less than $400,000 in costs associated with closing down its wholesale mortgage operations.

USA Mortgage/DAS Acquisition finds purchases are filling in the gap as rates have risen and refinances have dwindled in lines with national trends.

Private-equity firms and hedge funds are increasing their control of the rights to collect America’s monthly mortgage payments, an almost $10 trillion market that banks are retreating from amid looming regulations.

The operators of a national online foreclosure rescue scam that deceived hundreds of distressed homeowners into surrendering their properties to the company have been sentenced.

Essent Group Ltd. has filed an S-1 registration statement with the Securities and Exchange Commission to do an initial public offering.

Even though builder confidence is currently at an eight-year peak with a mark of 58, there is some hesitancy from buyers due to the recent increases in interest rates.

The Consumer Financial Protection Bureau has ruled that seller points can be excluded from the 3% points and fees test in the qualified mortgage rule.

The latest Redfin Real-Time Homebuyer Survey found that rising interest rates are as much a concern for those looking to purchase a house as the lack of inventory is and it could keep them from going forward.

The Consumer Financial Protection Bureau has removed some obstacles to community banks offering balloon mortgages in rural areas, but the exemption in the qualified mortgage rule should be expanded further.