Mortgages

Greenlight Capital Re Ltd., the reinsurer seeking to reverse underwriting losses, is pushing into the mortgage guaranty market after being burned by fraudulent claims on property policies in Florida.

Regulators' recent warnings on emerging risks with commercial real estate indicate banks have reverted to CRE practices that got them in hot water once before.

Mid America Mortgage in Addison, Texas, has executed its first electronic closing and e-note through its retail origination channel. The closing builds on the company's plan to expand e-closings and e-notes across all of its origination channels.

Lending standards for most business and residential real estate loans as well as subprime consumer loans are tighter than the 10-year average, according to a survey of senior bank loan officers released by the Federal Reserve Board.

The average single-family guarantee fee paid to Fannie Mae and Freddie Mac only increased by two basis points in 2015 to 59 bps, according to the Federal Housing Finance Agency.

Home sales rose to their highest level since the financial crisis last week. While that's a good sign, full recovery is going to take a long time. Here's why.

MGIC Investment Corp. has begun a public offering of $350 million in senior notes.

Guild Mortgage and FirstREX are lifting the curtain on a down payment investment program.

The United Kingdom's vote to leave the European Union has created the largest refinanceable population in the United States since late 2012, according to Black Knight Financial Services.

Mortgage servicing has a reputation for being cold and impersonal, but companies have the opportunity to put more of a personal touch on their interactions with borrowers by analyzing the wealth of data available to them.

The Consumer Financial Protection Bureau's proposal Friday updating its mortgage disclosure rule did not give lenders what they wanted: an ability to correct errors after a loan has closed and a release from liability for technical violations. But the 293-page proposal did provide revisions that will help in compliance and the closing of more loans.

The private equity firm GTCR is interested in fintech companies looking to disrupt the status quo, so long as they have proved themselves and are paired with managers who have a long track record of success.

TFS Financial in Cleveland posted a double-digit profit increase in the quarter that ended June 30 thanks to a combination of improved credit quality and lower expenses.

Loan application defect risk continued its downward slide in June, according to First American Financial Corp.

Foundation Asset Management has requested a special meeting of Stewart Information Services Corp. stockholders, where it will propose removing co-vice chairmen Malcolm Morris and Stewart Morris Jr. from the company's board of directors.

The Department of Housing and Urban Development has reached an agreement with Citizens Bank to settle allegations that the bank discriminated against a woman on maternity leave.

The CFPB updated its "Know Before You Owe" mortgage disclosure rule to provide more clarity to lenders. It has proposed additional tolerance provisions, clarified a partial exemption for housing finance agencies, extended the rule's coverage to all cooperative units, and provided more clarity about privacy and the sharing of information.

The Federal Housing Administration is promoting a particular kind of financing for residential energy retrofits that another regulator staunchly opposes. Mortgage lenders and investors have qualms, too, about the impact on their standing in collateral claims.

Mortgage industry hiring and new job appointments for the week ending July 29.

Impac Mortgage Holdings reported a year-over-year drop in net income during the second quarter as a more substantial loss on mortgage servicing rights and costs related to the CashCall Mortgage merger weighed on earnings.