Mortgages

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

Late payments on securitized commercial mortgages resumed climbing in February, after an unexpected pause the previous month, according to Trepp.

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

The Senate voted 58-41 on Thursday to confirm Ben Carson to be the 17th secretary of the Department of Housing and Urban Development.

New Residential Investment Corp. is readying an offering of bonds backed by both reperforming and nonperforming mortgages.

Deutsche Bank wants to finance hedge fund purchases of subprime loans in order to meet the terms of its $7.2 billion settlement with the U.S. government.

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.

The meteoric rise and collapse of specialty servicer Wingspan Portfolio Advisors is a stark reminder of what can happen when companies don't adequately respond to shifting business cycles, like the ongoing rise in interest rates and home prices.

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.

Ocwen has reserved $12.5 million to put toward a potential settlement with the Consumer Financial Protection Bureau.

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.

The bank says it will push the rest of the industry to follow its lead and step up lobbying for policies that increase minority homeownership.

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

Contracts to buy previously owned homes declined in January due to higher rates and prices

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

A consumer's home purchase power declined in December as a result of higher interest rates.

With mortgage rates and housing prices both expected to go up this spring, lenders are facing a decision on how they will adjust to the decline in refinancings and overall lending volumes.

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.