Underwriting

First and second mortgage originations have increased substantially in the first quarter of this year, according to a new report from credit reporting company Equifax.

Mortgage originators willing to help consumers overcome traditional financing hurdles can add more emerging segments of home buyers as clients.

Home prices rose 1% from March and 4.9% year-over-year in April, according to Black Knight Financial Services.

Home equity line of credit delinquencies and net charge-offs have not increased as expected, largely due to the beneficial impact of improving home prices and steadier economic conditions, according to a report from Fitch Ratings.

Westcor Land Title Insurance in Maitland, Fla., has opened its first New York office as it looks to expand in the market for commercial underwriting.

The New York City borough of Manhattan is the least affordable place for consumers making a low down payment to buy a home, according to a new report by housing and property data firm RealtyTrac of Irvine, Calif.

Mortgage rates barely budged from a week ago, even though reports have shown that the housing market is on the rebound with interest rates expected to rise.

The Consumer Financial Protection Bureau's new mortgage integrated disclosure rules will now take effect Saturday, Oct. 3, two days later than the previously rescheduled Oct. 1 deadline.

Bankers and commercial real estate developers are protesting new restrictions on construction lending, arguing they are poised to hurt credit availability and drive loans into risky, unregulated sectors.

Fannie Mae will no longer charge mortgage lenders to submit loans to its Desktop Underwriter automated underwriting system, a decision that follows a similar move by Freddie Mac earlier this month.

Fewer consumers today believe it's difficult to get a mortgage than a year ago. However, the majority of survey respondents still think the origination process is too tough and that there are too few homes on the market.

Many lenders may not have been ready for the CFPB's new mortgage disclosure rule if it took effect on Aug. 1 as planned. Now a slip-up by the agency itself has given lenders a two-month reprieve.

Pressure from community groups forced Valley National Bancorp to strengthen its commitment to lend in low- and moderate-income neighborhoods in order to win approval for a Florida acquisition. Other banks, too, are now placing CRA efforts front-and-center as they aim to sell deals to the public and their regulators.

Stonegate Mortgage Corp. is rolling out a new system that it says will give home-loan investors greater ability to handpick the debt they want to buy.

FHA tries to clarify what loan defects will bring the harshest penalties to guide lenders and instill more confidence.

A flood of ex-homeowners may be ready to re-enter the mortgage market over the next five years, according to a TransUnion report.

The deal, called New Residential Mortgage Loan Trust 2015-1, is the company’s first of the year; it completed three last year.

Lenders continued to refinance mortgages through the Home Affordable Refinancing Program in April, the Federal Housing Finance Agency reported.

FICO discards incomplete and old credit history information for a good reason. The solution to today's credit-access problems is not to use this unreliable data but to turn to alternative data such as the payment of everyday bills.

Access to credit is too tight. New credit-scoring models could increase the number of eligible borrowers in the U.S. without weakening todays underwriting parameters.