Mortgages

American International Group's mortgage insurer, United Guaranty Corp., is seeking to raise about $700 million to $800 million as it sells shares to the public, according to people familiar with the matter.

Going forward, Fannie Mae will be relying more on loan guarantee fee income from its single-family and multifamily businesses.

Mortgage insurer Essent Group reported higher net income for the first quarter of 2016 as premium growth outpaced rising expenses.

Lending standards tightened once again in April, according to the Mortgage Bankers Association.

Mortgage rates are now hovering just above their low point for the year, according to Freddie Mac.

Borrowers who have defaulted in the past are generally considered to be a bigger risk than those who have never missed a payment. Yet the early performance of bonds backed by rehabbed residential mortgages is pretty strong.

Under the Federal Housing Finance Agency's new mortgage modification program, less than 1% of all seriously underwater properties might qualify for principal loan forgiveness, according to RealtyTrac.

PHH Corp. reported a first-quarter loss of $30 million, which included a $10 million pretax adjustment to the value of its mortgage servicing rights.

New rules have made it more challenging to originate mortgages without drawing attention from regulators. Mercantile Bank in Michigan, however, believes that positive trends in its biggest markets are incentive enough to hire lenders and improve its systems.

Social Finance Inc., whose loan originations have been concentrated in the non-qualified mortgage space, will now offer conforming products after receiving Fannie Mae seller/servicer approval.

Nationstar Mortgage Holdings reported a $132.4 million loss for the first quarter of 2016, showcasing once more the toll falling interest rates have taken on companies across the mortgage industry.

The Federal Housing Finance Agency announced Wednesday it had raised a cap on the amount of multifamily loans Fannie Mae and Freddie Mac can buy from lenders, boosting it to $35 billion effective immediately.

Freddie Mac's second quarterly loss in less than a year makes it clear profitability is getting tougher as it shrinks. But it's a concern that must be weighed against more long-term efforts to reduce Freddie's overall credit risk exposure.

Mortgage applications dipped 3.4% from a week earlier, according to the Mortgage Bankers Association.

The mortgage upstarts that transformed the industry after the U.S. housing crash are now facing their own shakeout.

At least one banker has gone public with expectations that the OCC will force his institution to hold more capital. More could soon follow.

Home prices continued to increase nationwide in March, led by double-digit percent gains in Western states, according to the CoreLogic.

Walter Investment Management Corp. sank into a deeper $172.7 million net loss during the first quarter, as lower interest rates caused pressure on the company's mortgage servicing rights valuation.

United Guaranty's pretax operating income of $163 million benefited from lower mortgage delinquency rates but a decline in refinance originations affected the amount of new insurance written.

Posting educational videos on YouTube and social media helped Cherry Creek Mortgage's Kelly Zitlow land a spot on Lifetime Network's "Designing Spaces." The unique opportunity let her share knowledge about mortgages and extended her marketing reach.