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Purchase mortgage originations are soaring because of high-credit score applicants, while refinance applications are declining among the same group of borrowers, according to Black Knight Financial Services.
November 2 -
Genworth Financial's third-quarter profit missed analysts' estimates as results deteriorated at its Canadian and Australian mortgage insurance units.
October 30 -
Radian Group's private mortgage insurance subsidiary pulled back from certain pricing discounts that have driven competition in recent months in that business.
October 28 -
While national mortgage fraud risk is on the decline, here's a look at six markets where loan defects are rising.
October 28 -
Nobody thought it would be pretty, but last quarter's results were even worse than expected, and low fee revenue is largely to blame. Trading and mortgage banking were particularly bad, and few of the big banks managed to offset the declines.
October 28 -
Flagstar Bancorp reported a third-quarter profit, as it originated more residential mortgages and recorded higher fee income.
October 27 -
The financial condition of the Federal Housing Administrations mortgage insurance fund has improved significantly over the past year, Department of Housing and Urban Development Secretary Julian Castro predicted late Monday.
October 27 -
Residential mortgage-backed securities servicers are improving their processes despite generally adverse market conditions, Fitch Ratings found.
October 26 -
Lawmakers and industry groups are urging FHA to update condo rules to provide more homeownership opportunities for first-time buyers.
October 23 -
CoreLogic reported a sharp decline in third-quarter profit, on higher expenses and unfavorable currency translations.
October 22