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Defects and misrepresentations on mortgage applications rose 2.5% in May, reaching levels last seen in 2015, according to the First American Loan Defect Index
June 28
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Mortgage application activity fell by 6.2% this week, driven by a 9% decrease in refinancings, according to the Mortgage Bankers Association.
June 28
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Mortgage lender credit standards eased during the second quarter as purchase volume was lower than expected and competition increased, according to the Fannie Mae Lender Sentiment Survey.
June 26
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Mortgage rates remained at their 2017 lows as ongoing economic uncertainty is affecting loan pricing, according to Freddie Mac.
June 22
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The purchase mortgage share increased 15 percentage points in the first five months of 2017 to 68% of all closed loans in May, according to Ellie Mae.
June 21
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Mortgage application activity increased slightly from one week earlier, according to the Mortgage Bankers Association.
June 21
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Traditional partnerships with lenders have been eroded by compliance strains and new incentives to control more of the homebuying transaction.
June 21
