Underwriting

Mortgage refinancing applications were more than half of the volume for the first time since January, according to the Mortgage Bankers Association.

Loan application defects were unchanged for July compared with June, the first time in eight months there has not been an increase, according to First American Financial Corp.

Mortgage rates fell to a new low for the year this week, but are 38 basis points higher than they were one year ago, according to Freddie Mac.

Mortgage applications decreased 2.3% from one week ago, according to the Mortgage Bankers Association.

Millennial credit scores are lower than when Generation X consumers were coming of age, reflecting changes in credit consumption and other consumer behaviors.

Wells Fargo forced borrowers to pay millions of dollars in fees to extend interest rate locks that expired due to the bank's delays in processing mortgage applications, a lawsuit claims.

Mortgage rates decreased for the fourth consecutive week and dropped to their lowest mark since November, according to Freddie Mac.

Fannie Mae is extending its property inspection waivers to certain purchase mortgages with large down payments.

There was very little change in mortgage application activity for the second consecutive week, according to the Mortgage Bankers Association.

Mortgage rates continued to move lower as a result of economic uncertainty, according to Freddie Mac.