Originations

The American Mortgage Network name is being revived again, this time for a de novo company that will be 100% employee owned.

Mortgage applications increased from one week earlier, although conforming loan interest rates moved back over 4%, according to the Mortgage Bankers Association.

Mortgage credit availability increased in October from the previous month, as mortgage lenders increased their product offerings outside the government market, according to the Mortgage Bankers Association.

Zillow Group reported third-quarter revenue that beat estimates as growing sales in its online marketing and home-flipping businesses sent shares higher in late trading.

Mortgage industry hiring and new job appointments for the week ending Nov. 8.

Taylor Morrison Home Corp. has agreed to buy William Lyon Homes in a deal that would combine the two companies' in-house mortgage divisions and make the resulting entity the fifth-largest U.S. homebuilder.

It was activity at the upper end of the housing market that helped to keep mortgage application volume level with the previous week, the Mortgage Bankers Association said.