Underwriting

Wells Fargo's next offering of commercial mortgage bonds is unusually concentrated in a relatively small number of large loans, though many are high-quality properties located in strong markets.

Reflecting the post-election interest rate rise, closed purchase loans were 57% of February's total volume, according to Ellie Mae's Origination Insight report.

Mortgage applications increased 3.1% from one week earlier even as rates reached their highest level in three years, according to the Mortgage Bankers Association.

Continuing a strong start to 2017, February mortgage applications for new home purchases grew 2.2% from a year ago.

Social Finance's online borrowers are defaulting at higher rates than underwriters for one of its bond deals had expected, the latest sign that an industry that hoped to upend banking is now getting tripped up by bad loans.

Mortgage credit availability went up yet again in February amidst an expansion in access to government loans.

Mortgage interest rates increased 11 basis points over the previous week, reaching their highest level so far in 2017, according to Freddie Mac.

Application activity increased 3.3% from one week earlier, even though mortgage interest rates rose on speculation the Federal Open Market Committee could act in March.

Caliber will also buy about $36 million of mortgage servicing rights in a deal that is expected to close at the end of March.

Angel Oak, a regular issuer of nonprime residential mortgage bonds, is marketing its first transaction with a credit rating.

Mortgage interest rates fell after four consecutive weeks of holding steady, according to Freddie Mac.

Soaring home prices have created market volatility that's making it difficult for appraisers to accurately pinpoint home values and putting mortgage approvals and home sales in jeopardy.

Simultaneous spikes in home prices and mortgage rates have put an unusual squeeze on borrowers' purchasing power and require lenders to be proactive about protecting their loan pipelines.

Guaranteed Rate is planning to hire 280 new employees through its revamped Liftoff training program.

Mortgage application activity increased by 5.8% during the week of Feb. 24.

The number of consumers looking to buy a home reached an all-time high in January.

Home prices rose by more on a monthly basis in New York than in any other state in the country

Home prices in 20 cities rose at the fastest pace in the 12 month period through December

The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.

Teresa Bryce Bazemore, the president of Radian Guaranty, will retire from the private mortgage insurer at the end of April.