Mortgages

The percentage of mortgage applications with defects declined in October, according to First American Financial Corp.

Pacific Investment Management Co. sued Citigroup Inc. over the bank's role as trustee for $13.8 billion of mortgage-backed securities made toxic when the housing bubble burst, leading to "substantial damages."

Purchases of new homes rebounded in October from a 14-month low and order backlogs reached an eight-year high, indicating a pickup in residential construction.

A recent CFPB action against a payday lender demonstrates why lenders across industries must disclose both the best and worst case repayment scenarios to consumers.

The Federal Housing Finance Agency said Wednesday that conforming loan limits for mortgages purchased by Fannie Mae and Freddie Mac will remain at existing levels except in 39 high-cost counties.

Mortgage professional hiring and new job appointments for the week ending Nov. 27.

Mortgage applications fell 3.2% on a seasonally adjusted basis for the week ending Nov. 20 compared to one week earlier, according to the Mortgage Bankers Association.

Home prices rose 5.7% in the third quarter from a year earlier as buyers competed for a tight supply of properties on the market.

Three county governments in metro Atlanta have sued Bank of America for engaging in the practice of equity stripping, where the bank targeted minority borrowers with high-interest mortgage loans.

Bryan Sullivan, the CFO at LoanDepot, talks about its growth prospects without fuel from an initial public offering, how getting consumers to opt for home equity lines of credit is tough, and why he considers the nonbank a disruptor.

Rising incomes and other affordability markers have tempered the impact of rising home prices in hot West Coast markets, according to Pro Teck Valuation Services.

Quicken Loans, the company that showed a mortgage business can operate successfully without face-to-face interaction with borrowers, is now giving customers the option to work without human loan officers.

Freddie Mac is prepping its next risk-sharing deal, according to presales from Fitch Ratings and Kroll Bond Ratings.

Home prices in 20 U.S. cities climbed more than forecast in September from the same month last year, signaling residential real estate is sustaining momentum.

Current market conditions have caused existing-home sales capacity to recede in October, according to a report by First American Financial Corp.

No two mortgage servicing rights portfolios look the same, and buyers have strong opinions about the kinds of deals they want to do. Here are some factors that can swing MSR transaction values, according to Matt Maurer, managing director at MountainView Capital Holdings.

There's been concern this year that commercial mortgage bonds are getting backed by loans that are increasingly risky.

The Federal Housing Administration's annual financial report demonstrates the outsized influence of reverse mortgages on the performance of its insurance fund, fueling a debate about whether those loans belong there.

The new mortgage settlement requirements have failed to disrupt the market as expected, at least as far as real estate agents are concerned, thanks in large part to diligent preparation.

mortgage delinquencies, mortgage loans, Black Knight Financial Services