Originations

Plaintiffs want to certify a class of 119,100 minority mortgage customers who were unfairly deprived of ultra-low mortgage rates during the refi boom.

The top five lenders have an average retail mortgage origination volume of nearly $7 billion, as of the end of the third quarter.

The wholesale lender introduced two new products to brokers and a $800 million debt offering to drum up cash.

The share of underwater mortgages also grew for the first time in almost two years during the third quarter, Corelogic found.

Total jobs and nonbank industry payrolls saw gains, but unemployment increased on a net basis too in what's been a volatile bond market.

The average cost for a loan seller to buy back a mortgage from Fannie Mae or Freddie Mac for defects is over $32,000, a study from Reggora and Stratmor found.

The 30-year fixed rate mortgage is at its lowest point since the end of October, but it is still relatively elevated at near 7%, Freddie Mac reported.

The credit rating agency believes that mortgage rates will decline in the year ahead, helping to spur lending activity.

Fading rates pushed home loan activity to its fourth consecutive week of gains.

Both companies have mortgage joint ventures with Rate, while @properties' attorney-driven title unit expands on Compass' existing agent-focused business.