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The denial rate traditionally used by the mortgage industry is hiding the fact that fewer borrowers with lower credit are applying for loans, according to the Urban Institute.
February 13 -
Mortgage lenders afraid to enter into any kind of marketing services agreement should look not to what the Consumer Financial Protection Bureau has laid as guidance, but what it has left unsaid.
February 13
Offit | Kurman -
Nonbank mortgage company Cornerstone Home Lending has launched a new mortgage company as a joint venture with homebuilder Oakwood Homes.
February 10 -
While lenders support the intent of a proposal to encourage the growth of private flood insurance, they claim a regulatory proposal doesn't give lenders enough flexibility and remains too complicated.
February 10 -
Invictus Capital Partners, a nonprime mortgage lender based in Washington, D.C., is making its debut in the securitization market.
February 10 -
Mortgage industry hiring and new job appointments for the week ending Feb. 10.
February 10 -
Quicken Loans has named a new CEO to replace Bill Emerson, who is transitioning to a role with the Detroit lender's parent company, Rock Holdings.
February 10 -
Mortgage insurer Essent Group reported higher net income for the fourth quarter, as premium growth offset a modest uptick in expenses.
February 10 -
Mortgage software provider Ellie Mae reported a 126% increase in net income during the fourth quarter, driven by an increase in users and loan volume.
February 9 -
The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.
February 9 -
Cherry Hill Mortgage Investment Corp. has received issuer and purchase approval from Ginnie Mae, allowing it to complete a previously announced deal with Freedom Mortgage.
February 9 -
Loans that had modifications completed since 2014 are redefaulting faster than those modified in previous years, according to Fitch Ratings.
February 9 -
Stringent regulations put in place after the recession have been unevenly enforced across the industry, to the detriment of small financial institutions. Here's hoping that changes with the new administration.
February 9
Members Mortgage Co. -
Net income rose sharply from a year earlier during the fourth quarter at Stewart Information Services Corp., while it held steady at First American Financial Corp.
February 9 -
Federal Reserve Bank of St. Louis President James Bullard said the central bank ought not rush to raising interest rates next month because uncertainty over the fiscal policies of the Trump administration clouds the U.S. economic outlook.
February 9 -
There were 89 markets that had the all-time high in median sales price last year with these 10 posting the biggest percentage gain over 2015.
February 9 -
Radian Group appointed former CitiMortgage president Richard Thornberry as its new chief executive officer to succeed the retiring S.A. Ibrahim.
February 9 -
Home price gains accelerated in the fourth quarter, with increases reported in 89% of metropolitan areas, as competition heated up for a record-low supply of listings, the National Association of Realtors said.
February 9 -
Uncertainty about the economy caused mortgage interest rates to stay within a 2-basis-point range for the third straight week, according to Freddie Mac.
February 9 -
Analysts at Deutsche Bank, one of the biggest underwriters of bonds tied to U.S. commercial real estate, say now it's time to short indexes of the securities.
February 9











