Underwriting

Credit scores on closed loans have declined for six consecutive months, according to the latest Ellie Mae Origination Insight report.

Default rates on various types of consumer loans improved in November, according to Standard & Poor's and Experian.

Fannie Mae is offering yet another carrot to lenders that have lobbied extensively for relief from loan repurchases.

The new mortgage disclosures are not expected to have a large impact on origination volume, but could have a sizable effect on lenders' processes.

Securitizations that involve commercial mortgages are increasingly dropping loans from their pools before the final transactions close, according to Fitch Ratings.

Mortgage applications for new homes declined in November, although not as sharp a drop as is typical for this time of year, according to the Mortgage Bankers Association.

Mortgage lenders said their per-loan profits declined 19% in the third quarter compared with the previous quarter, according to the Mortgage Bankers Association.

The consumer lending market, including mortgages, will fully recover from the financial crisis by the end of 2016, according to a forecast by TransUnion.

Loan limits for the Federal Housing Administration mortgage insurance program in 2016 will rise in 188 counties across the nation where home prices increased.

High loan-to-value ratio lending is gaining ground, spurred by the reintroduction 12 months ago of GSE-backed products that only require a 3% down payment, according to Black Knight Financial Services.