Mortgages

Interest rates head steady this week despite the monthly jobs report falling short of expectations, according to Freddie Mac.

Three former Nomura Holdings Inc. traders pleaded not guilty to charges that they defrauded investors by inflating the prices of mortgage-backed securities in the wake of the U.S. financial crisis.

Moody's Investors Service just flagged a risk in bonds backed by single-family rentals: there aren't enough special servicers.

Texas Capital Bank in Dallas has created a correspondent aggregator channel to complement its existing warehouse lending program.

If you Google "mobile marketing" you get almost 400 million results. It's quite the buzzword. But what is mobile marketing? And why should lenders be paying attention?

Comptroller of the Currency Thomas Curry said banks could consider loan-to-value ratios above 90% to help revitalize areas hurt by the housing crisis.

Three former Nomura Holdings Inc. traders were charged with defrauding investors by inflating the prices of mortgage-backed securities, the latest cases to come out of a U.S. crackdown on deceptive sales practices in the market for complex bonds.

FirstKey Holdings has formed a business unit to manage single-family rental homes.

The delinquency rate for commercial and multifamily mortgages continued to improve for most categories of investors in the second quarter, continuing a trend from the first quarter, according to the Mortgage Bankers Association.

Nearly 20 trade groups representing lenders, banks, credit unions, title companies and others are urging federal regulators to provide guidance on how they plan to enforce a new mortgage disclosure regime that goes into effect Oct. 3.

Mortgage applications fell 6.2% from a week earlier on a seasonally adjusted basis for the seven days ended Sept. 4, according to the Mortgage Bankers Association.

Amid growing concerns about compliance costs in title insurance, a trio of title agents has formed a consortium to help smaller firms manage their back offices more efficiently.

Fidelity National Financial has promoted two executives to the position of co-chief operating officer.

The first Fannie Mae Home Purchase Sentiment Index fell 0.5 points to 80.8 in August from where it would have been in July.

The national inventory of foreclosed homes and total completed foreclosures both fell in July, on a yearly basis, according to CoreLogic.

Total home equity in the United States mortgage market has risen nearly $1 trillion year-over-year to $7.6 trillion, the highest level since 2007, according to Black Knight Financial Services.

Walter Investment Management has reached a settlement with federal authorities over reverse-mortgage practices at a business unit.

Mortgage companies must rethink their recruitment strategies and emphasize company culture to attract millennials, or they will become the banks they once worked to replace.

Years after the great American housing bust, mortgages akin to the so-called liar loans — which were made without verifying people’s finances — are creeping back into the market.

Guaranteed Rate has added 75 former Discover Home Loans employees as well as the Irvine, Calif., call center facility that they worked at.