Mortgages

The Consumer Financial Protection Bureau is set to face its first jury trial in April in what is shaping up to be a critical test of the agency's authority.

Sales of previously owned homes climbed for the fifth time in six months to the highest level since 2007, indicating housing-market momentum will extend into 2017.

Nationstar Mortgage Holdings reported significantly higher net income for the fourth quarter, due to improved revenue in its servicing segment.

The market share of mortgage applications submitted for refinancings hit an eight-year low as total activity decreased 2% from one week earlier, according to the Mortgage Bankers Association.

The quarter-to-quarter increase in the mortgage delinquency rate is nothing to get excited about — yet, said a member of the Mortgage Bankers Association economics team.

Economic growth and lasting positive change within the mortgage industry require carefully considered strategy and close analysis of potential scenarios, not hastily-conceived executive orders.

High origination volume and increased nonbank participation fueled another banner year for warehouse lenders, according to The Reynolds Group.

Commercial mortgage loan originations in 2017 are expected to increase 3% over last year to a record high, as market fundamentals and property prices remain strong, according to the Mortgage Bankers Association.

With low down payment and credit score requirements, the Federal Housing Administration loan program is an attractive option for first-time homebuyers. Here's a look at the top 10 housing markets for FHA lending.

A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government's 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout.

New Residential Investment Corp. had net income of $225 million in the fourth quarter, more than double the $103 million reported for the same period in 2015.

The mortgage servicer will pay at least $25 million in cash and provide some $200 million in debt relief to borrowers to resolve a range of alleged violations. But Ocwen will also be allowed to resume acquiring servicing rights in the nation's largest state.

The Chicago Federal Home Loan Bank experienced a significant jump in mortgage originations in 2016 due to a "re-introduction" of its traditional Mortgage Partnership Finance loan product.

The Consumer Financial Protection Bureau's temporary legal victory on Thursday has lowered the odds that President Trump will seek to remove the agency's director, Richard Cordray, despite repeated calls by prominent Republicans for his ouster.

Freddie Mac is ramping up its use of credit risk transfers, completing $215 billion in single-family transfers last year, up to $600 billion since 2013.

The change of power in the White House will not affect Fannie Mae's focus for 2017 in bringing innovations similar to the Day 1 Certainty program to its customers, CEO Timothy Mayopoulos said in an interview.

State mortgage regulatory examinations are focusing on systemic issues and using their broad authority under the Dodd-Frank Act to enforce the Consumer Financial Protection Bureau's servicing rules.

The mortgage lending industry may not yet be ready to share the market with marketplace lenders, but their choices are slim: Either get on board or get out of the way.

The American Land Title Association is calling on state governments to support regulations that recognize and authorize remote electronic notarizations.

Mortgage industry hiring and new job appointments for the week ending Feb. 17.