Originations

A new report from California shows that less-regulated mortgage lenders may be doing a better than banks of serving Black and Latino homebuyers. But consumer advocates say the data bolsters the case for tougher supervision of nonbanks.

Mortgage industry hiring and new job appointments for the week ending Nov. 27.

The year-over-year increase in monthly page views for properties hit a high for the year in large metropolitan areas as gains in rural locations decelerated.

Mortgage applications increased 3.9% from one week earlier as another week of record low rates drew more borrowers into the market, according to the Mortgage Bankers Association.

Consumer demand for larger properties is driving the market in an atypical year that featured a delayed selling season, the Mortgage Bankers Association said.

As mortgage rates stayed below 3% in the third quarter, originations spiked to the highest quarterly total since 2007 and highest dollar volume since 2005, according to Attom Data Solutions.

Company CEO Michael Nierenberg previously commented the real estate investment trust's parts could be worth more than the whole.

Mortgage industry hiring and new job appointments for the week ending Nov. 20.

To truly manage risk, banks must invest in more sophisticated modeling, reporting and analytics to track market movements and ultimately maximize profitability, Vice Capital Markets’ Christopher Bennett says.

Mortgage applications slipped 0.3% from one week earlier, as refinance volume, particularly for Federal Housing Administration and Veterans Affairs loans, shrank significantly, according to the Mortgage Bankers Association.