Originations

A surge in home equity borrowing may be around the corner as household equity levels surpassed their previous housing bubble peak, according to a TransUnion study.

As mortgage rates recently hit their highest point in seven years, closed refinances fell back to their low point of 2018, according to Ellie Mae.

Mortgage industry hiring and new job appointments for the week ending Oct. 19.

Despite mortgage rates at a seven-year high and rising home prices and low inventory that are keeping consumers from buying homes, rental prices are declining in many markets.

Increasing pessimism about housing is driving Fannie Mae's estimates for originations this year down a little further.

Mortgage applications decreased sharply from one week earlier as key interest rates stayed above 5%, although purchase volume grew from a year ago, the Mortgage Bankers Association reported.

As the mortgage industry confronts tight margins, shifting market share and regulatory uncertainty, a new leader emerges at the Mortgage Bankers Association.

Mortgage-related earnings at five banks were lower due to the effect of higher interest rates on loan volume this year, even though late-season homebuyers improved consecutive-quarter origination numbers at three companies.

Mortgage industry hiring and new job appointments for the week ending Oct. 12.

Hurricane Michael is putting mortgage transactions with a combined value of over $400 million in jeopardy, according to ClosingCorp estimates.