Originations

Purchase applications increased again, but changes in home prices and interest rates are bringing only limited affordability relief.

The National Association of Realtors' index of contract signings to purchase previously owned homes increased 0.8% last month to 83.2.

Convicted former MBA Chairman Ron McCord and his Oklahoma-based company settled CapLoc's allegations that they put fraudulent loans on a funding line.

If the proposal goes into effect, lenders and servicers will have to provide more detailed information about the makeup of their organization, as well as any incidents that are impacting their financial wherewithal.

The related rewards are targeted to both new homebuyers and existing mortgage servicing clients.

A bill passed related to broker engagement contracts is similar to Utah's and North Dakota's, according to the American Land Title Association.

The requirement to use supplies made in this country will negatively affect home affordability, according to a coalition of 24 groups and individuals led by National Housing Coalition.

For many, rates could be higher, but borrowers with lower down payments and credit scores could get new government-sponsored enterprise discounts competitive with the FHA's lower premium.

The bank's broader challenges, which include a run on deposits and difficulty selling loans without realizing losses, could affect the rating agency's assessment of its servicing.

Return on investment fell to 26.9%, the smallest since 2008, according to a new report from Attom.