Originations

A surge in borrowing costs to a two-year high is starting to cool demand from homebuyers as higher rates combine with surging prices to reduce affordability.

The Federal Housing Finance Agency is considering a reduction in Fannie Mae and Freddie Mac's loan limits that is slated to kick in the first day of January.

As summer ends and we prepare to kick off the fall conference season (and the new football season), it’s only fitting that we revisit the many ways in which the NFL is like the mortgage industry.

For the second quarter of 2013, total title insurance premiums written were $3.34 billion, compared with $2.77 billion in 2Q12.

Effective September 3, mortgage industry veteran Vickie Tillman is the new president of Morningstar Credit Ratings, LLC.

The preliminary title report does not bind the title company.

An industry trade group is pressing the Consumer Financial Protection Bureau to provide more clarity on its servicing rules to ensure an array of loan modification options will be available to troubled borrowers.

There were 15 of the 17 Mortgage Industry Equity Composite members that closed higher on Thursday as the market gets ready for Labor Day.

Implementing eminent domain may present inconsistencies in solving the root cause of the housing problem in the U.S., create unintended consequences for both borrowers and investors, and inadvertently limit mortgage lending activity, Standard & Poors said in a report.

U.S. residential properties sold at an estimated annualized pace of 5.5 million in July, which is up 11% from last year.

The Department of Housing and Urban Development Mortgagee Letter 2013-26 provides minimum underwriting standards for evaluating borrowers who have lost their job or had another event which resulted in reduced income.

Independent banks and their subsidiaries reported loan profits of $1,528, which is down from $1,772 on loans originated in the first quarter.

The Department of Housing and Urban Development has given four organizations a total of nearly $13 million in grants that will end up creating at least 718 affordable homes.

Zais Financial Corp., Red Bank, N.J., has purchased a residential mortgage loan portfolio with an unpaid principal balance of $98.2 million.

Rosemary Berkery, who heads UBS's U.S. bank, explains how UBS is offering wealthy customers new banking products, like mortgages and credit cards.

Approximately 12.2 million homeowners with a mortgage were in negative equity at the end of the second quarter.

There was a 10 basis point decrease in the price of whole loans securing commercial mortgage-backed securities in July.

The Freddie Mac Primary Mortgage Market Survey finds the average rate for the 30-year fixed rate loan is still 92 bps higher than it was for the same week last year.

As the industry works feverishly to interpret new guidelines pouring out from the CFPB, there are a large number of changes that must get done between now and the end of this year.

As the housing market continues to recover, the foreclosure inventory is declining quickly, data from a CoreLogic report revealed.