Mortgages

United Guaranty reported pretax operating income of $644 million for 2015 while its new insurance written increased by 21%.

Flagstar Bancorp in Troy, Mich., has launched a national homebuilder lending platform.

Mortgage professional hiring and new job appointments for the week ending Feb. 12.

Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.

The Federal Housing Administration will continue to charge borrowers an annual premium over the entire life of the loan, rejecting calls from some housing advocates to change how it’s calculated.

Fannie Mae has released the list of winners from its fourth nonperforming loan sale, which included a Goldman Sachs subsidiary.

Ellie Mae earned $22.6 million as it recorded record revenue and the number of Encompass users grew by 25%.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

Fifth Third Bancorp in Cincinnati said Thursday that it will spend $27.5 billion over the next five years to provide loans and other financial services to underserved communities in its region.

Mortgage applications for new home purchases increased 14% on an unadjusted basis from the month before, according to data from the Mortgage Bankers Association's Builder Application Survey.

Bank of Botetourt in Buchanan, Va., said Thursday it has opened a mortgage division to pursue unmet demand for home loans in southwestern Virginia.

Mortgage rates fell for the sixth straight week as market volatility continued, according to the Freddie Mac Primary Mortgage Market Survey.

Blackstone portfolio company Incenter has agreed to purchase Interactive Mortgage Advisers.

The financial crisis turned a lot of Americans into renters, because they couldn’t keep paying their mortgage, or because high unemployment and stagnant wages in the ensuing years forced them to put off homeownership.

Morgan Stanley agreed to pay $3.2 billion to end a joint federal-state investigation into its handling of mortgage-backed securities, the fourth deal to be struck in a probe of the big U.S. banks' role in the subprime mortgage meltdown and the financial crisis it spawned.

The Federal Home Loan Bank system is not a private country club and shouldn't be operating as one. Captive insurance companies represent new potential to expand homeownership opportunities for credit-worthy borrowers.

Strong demand for rentals will keep pace with new construction over the next few years, the government-sponsored enterprise says.

Higher refinancing activity helped fuel an increase in overall application activity for the week ending Feb. 5, according to the Mortgage Bankers Association.

Redwood Trust said it will stop originating commercial mortgages for securitization and focus solely on investing in bonds backed by commercial mortgages originated by others.

There were 3.1 million homes and condos sold during 2015, a nine-year high. From the Twin Cities of Minneapolis-St. Paul to Salem, the capitol of Oregon, here's a look at the 10 markets with the biggest year-over-year percent increases in home sales.