Mortgages

The CFPB’s expanded data requirements for the Home Mortgage Disclosure Act will create a powerful tool for analyzing fair lending compliance. But some say the initiative is a massive overreach that could compromise borrower privacy.

Sales of foreclosed properties in August fell to their lowest level in about eight years, according to Hope Now.

An alternative compliance model merges mortgage and home equity oversight by focusing on common operations is an innovative way to compete with the traditional manner of handling those efforts separately.

CoreLogic reported a sharp decline in third-quarter profit, on higher expenses and unfavorable currency translations.

The proportion of U.S. mortgages that were underwater dropped from the second quarter to the third quarter, according to RealtyTrac.

The Consumer Financial Protection Database might be unfair to the financial services industry, but the information it holds for lenders and servicers can help them manage customer service and avoid costly litigation.

A pair of title insurers expect to suffer from TRID implementation hangover in the fourth quarter as the slowdown in mortgage applications related to implementation will affect them as well.

Mortgage servicer Ocwen Financial failed four servicing tests in the second half of 2014. Joseph A. Smith Jr., the monitor of the $25 billion national mortgage settlement, said the Atlanta servicer was “beginning to show progress” in complying with terms of the 2012 agreement.

Sales of previously owned homes rebounded in September to the second-highest level since February 2007.

Home prices rose in August as low borrowing costs and sustained job growth fueled demand amid a tight inventory of properties on the market.

The volume of loans closed in a Department of Housing and Urban Development program for seniors housing declined over the past 12 months.

The head of the Consumer Financial Protection Bureau warned software vendors that they face new scrutiny from regulators for causing mortgage lenders to miss the TRID-compliance deadline. He was vague about how far the CFPB might go, but many in the industry are prone to fear the worst.

An increasing number of renters are considering whether to purchase a home, according to a TD Bank survey.

Refinancings as a portion of the total origination market rose slightly from August to September, according to Ellie Mae.

Both forecasts call for growth in home purchase volume over the next few years, but the decline in refinance originations will be so steep that overall origination volume will decrease.

Mortgage default rates decreased in September, pushing the composite rate down seven basis points to 0.89%, according to the S&P/Experian Consumer Credit Default Indices.

From thrift deregulation to government domination, the mortgage business is prone to dramatic shifts. Here are 10 people who share the credit, or the blame, for major industry changes.

Fannie Mae's latest offering of Connecticut Avenue Securities, its last of the year, is the first to offer exposure to actual losses on residential mortgages that it insures.

Citizens Bank in Providence, R.I., has appointed a former mortgage insurance executive to head its mortgage division.

Home prices rose at a slow pace from July to August, after experiencing a sharp decline in the previous month, according to FNC.