Underwriting

Freddie Mac and Arch Capital are testing a new form of risk-sharing deal to boost investor appetite for low down payment mortgages. But the pilot is raising concerns about "charter creep" because it dictates private mortgage insurance decisions typically made by lenders.

Community banks and consumer advocates are clashing over a provision in the Senate banking bill on mortgage data reporting, but there’s been little vetting of what the measure would actually do.

February's volume of mortgage loan applications for newly constructed homes rose both year-over-year and month-to-month, continuing the momentum from a surprisingly strong showing in January.

Think you know your IRRRL from your LPMI? See if you can ace this quiz of 10 quirky abbreviations from the origination sector of the mortgage industry.

If GSE reform leads to the 30-year mortgage's demise, homebuyers' monthly payments could soar by $400, according to a recent Zillow estimate. But lenders aren't convinced this housing finance staple is in any danger of being replaced.

Mortgage rates increased for the ninth consecutive week, moving in reaction to bond and stock market volatility.

Loan program revisions made by one large conventional mortgage investor led to a decrease in total residential home finance credit availability in February.

Today's mortgage broker is tech savvy, sophisticated and better equipped to thrive in a wholesale channel that's far more competitive than in the past.

Mortgage lenders are embracing the broker-wholesale channel as a low-cost way to extend their reach and maintain volume in the face of rising home prices and interest rates that are putting a damper on origination activity.

Tight margins, regulatory clarity and a renewed appetite to expand have made mortgage brokers and the wholesale channel attractive again, at least to the small and medium mortgage lenders.

Recent developments in the Federal Housing Administration's Home Equity Conversion Mortgage program are making it easier for lenders to originate reverse mortgages to borrowers who want to buy a new-construction home.

Growing competition may prompt commercial mortgage-backed securities issuers to accept higher loan-to-value ratios in their deals.

The new Federal Reserve Board chairman's testimony in Congress was the driver of this week's mortgage rate increase, according to Freddie Mac.

Greenworks CEO Jessica Bailey said execution was good enough that it made economic sense; the company also wanted an early reading from rating agencies and investors.

Financial services groups are calling for more funding for the Internal Revenue Service that could fix flaws in the agency's system for verifying the income of mortgage applicants.

The 30-year fixed mortgage rate moved up for the seventh consecutive week with further increases possible as bond yields rise over concerns about higher inflation.

Private mortgage insurance continued to take market share from the Federal Housing Administration in 2017, with both products outpacing the growth in mortgage debt outstanding.

As inflation fears put upward pressure on 10-year Treasury bonds and mortgage rates nationally, borrowers could start to take more notice of what lenders are charging them locally.

Mortgage borrowers 60 days or more late with their payments declined both quarter-to-quarter and year-over-year, as recession-era defaults work their way out of the system.

Movement Mortgage quietly laid off employees at its Indian Land, S.C., headquarters late last week as well as other offices across the U.S.