Originations

Mortgage industry hiring and new job appointments for the week ending Aug. 31.

With spring homebuying in bloom, the second quarter brought profits to independent mortgage bankers after going negative for the second time ever, according to the Mortgage Bankers Association.

After their first increase in six weeks, mortgage applications declined despite lower interest rates, according to the Mortgage Bankers Association.

Racial and ethnic discrimination in mortgage lending may be misrepresented by "flawed" denial metrics that suggest a larger gap between the denial rates of racial groups than what actually exists, according to the Urban Institute.

Mortgage industry hiring and new job appointments for the week ending Aug. 24.

A deceleration in mortgage balances ends CIBC's three-year streak of outpacing Canada's other large lenders on mortgage growth. Royal Bank of Canada said this week that mortgage balances were 5.9% higher than a year earlier.

Mortgage applications increased 4.2% from one week earlier, rising for the first time in over a month, according to the Mortgage Bankers Association.

Better consumer credit quality helped push the serious mortgage delinquency rate to its lowest level since the Great Recession, but originations remain low due to tighter underwriting standards and eroding homebuyer affordability, according to TransUnion.

Mortgages originated to finance apartments and other income-producing properties managed to generate an overall year-to-year increase in the first half, even though there are declines in some parts of the market.

The Department of Housing and Urban Development took the very rare step of filing a secretary-initiated fair housing complaint — only three were made in the last two fiscal years — against Facebook.

Credit Karma is diving into the mortgage industry with a plan to acquire digital mortgage startup Approved, a provider of consumer-facing online point of sale technology.

Mortgage industry hiring and new job appointments for the week ending Aug. 17.

Here's a look at the cities where house hunters and sellers have been the busiest during this summer's home buying season.

Fannie Mae decreased its 2018 origination forecast for the fourth time this year in anticipation of more upward pressure on rates, and housing weakness that persists despite increased overall economic strength.

Mortgage applications waned for the fifth week in row, hitting their lowest levels in six months, as the summer's growing interest rates plateaued.

Atlantic Bay Mortgage Group and Virginia Community Bank have agreed to back out of a merger that would have been a rare instance of a nondepository lender acquiring a depository institution.

Amid a tight housing market and rising rates, mortgage brokers and wholesalers have been engaged in an intense competition for control over borrower relationships.

National Mortgage News is pleased to announce the Best Mortgage Companies to Work For, a new survey and awards program dedicated to identifying and recognizing the best employers and providing organizations with valuable employee feedback.

July's new-home sales were at their highest pace since April, leading to a 3.5% year-over-year increase in mortgage applications to purchase recently constructed homes, the Mortgage Bankers Association said.

Mortgage industry hiring and new job appointments for the week ending Aug. 10.