Underwriting

Equifax continues work to add new security features and restore full access to The Work Number following a report highlighting potential security vulnerabilities in a browser-based portal of its employment verification service.

Mortgage rates ticked down for the first time in two weeks as the 10-year Treasury yield fell to its lowest point in October, according to Freddie Mac.

The way lenders need to submit payment information on certain student loans in order to calculate a borrower's monthly debt-to-income ratio is changing at Freddie Mac.

Mortgage applications increased 3.6% from one week earlier even though rates remained mostly flat during the period, according to the Mortgage Bankers Association.

MGIC Investment Corp.'s third-quarter net income of $120 million was more than double the $56.6 million for the same period last year as its losses incurred fell by over 50%.

Government-sponsored enterprises Fannie Mae and Freddie Mac's guarantee fee pricing last year kept the playing field fairly level for different-sized lenders.

Mortgage defaults keep rising and are getting much nearer to where they were in 2016 as damage from natural disasters continues to add to slight upward pressure on credit.

The latest version of Ellie Mae's Encompass loan origination system includes new features for Home Mortgage Disclosure Act compliance and digital mortgages.

Recently exposed security vulnerabilities in an Equifax tool used extensively in the mortgage industry are raising new questions about the reliability and veracity of the beleaguered credit bureau's employment verification service.

Mortgage rates posted their biggest week-over-week increase since July and the 10-year Treasury yield also rose, according to Freddie Mac.

The share of mortgage refinance applications dropped below 50% for the first time since the start of September, as interest rates rose to a six-week high.

Slightly looser underwriting outside the government sector is primarily responsible for the latest increase in credit availability.

Lenders could be responsible for water quality issues affecting borrowers and properties if the Federal Housing Administration follows through with its response to an inspector general's report.

Mortgage rates ticked up to their highest mark in six weeks, reflecting the 20-basis-point rise in the 10-year Treasury yield during September, according to Freddie Mac.

A decline in refinancing applications offset the gain in purchase activity, leading to an overall drop in application activity of 0.4% from one week earlier.

CMG Financial is trying out a platform that gives borrowers the ability to raise funds for down payments in conjunction with Fannie Mae loans.

Competition in other areas of consumer lending has driven both VantageScore and FICO to build credit scoring models that are more accurate and more consumer-friendly. Permitting that competition in the mortgage market can increase certainty for lenders and transparency for investors.

The Federal Housing Administration is extending processing hours for reverse mortgages this weekend to accommodate a rush to get loans approved ahead of rule changes coming Oct. 2.

Mortgage lenders took on more risk in the second quarter as the share of loans to real estate investors and condominium owners increased, according to CoreLogic.

Mortgage rates remained unchanged from last week even through the 10-year Treasury yield first moved lower then spiked up during the period, according to Freddie Mac.