Mortgages

More powerful employment and wage gains are necessary to fuel home purchases, according to mortgage industry economists.

Colony American Homes is working on its third-ever single-family rental securitization, according to Kroll Bond Ratings Agency.

JPMorgan is marketing $379 million of securities backed by a pool of mostly 30-year, fixed-rate residential mortgages.

First Internet Bank of Indiana is expanding its residential mortgage lending in its home state by offering the U.S. Department of Agriculture Rural Development loan guarantee program.

Mortgage professional hiring and new job appointments for the week ending May 22.

Foreclosure starts fell 22% from the previous month, according to a Black Knight Financial month-end mortgage performance statistics report.

Fannie Mae has a pessimistic outlook on U.S. economic growth following underwhelming first-quarter numbers in 2015, though mortgage market optimism remains thanks to low interest rates.

The cost to rent housing grew at a faster rate than home values in April, as rising rents make it difficult for many consumers to afford a mortgage, according to Zillow's monthly real estate report.

Promontory said Wednesday that it acquired FS Advisory from Date, who founded the consulting practice along with Fenway Summer in 2013 after leaving the Consumer Financial Protection Bureau as deputy director.

Home purchase loans have once again taken the majority share of originations, although volume shrunk by 11% from the same time last year.

Mortgage bankers facing new demands on their businesses are becoming increasingly interested in new sources of liquidity, particularly through mortgage servicing rights financing vehicles.

There were foreclosure filings on a reported 125,875 properties in April — 3% more from the previous month and 9% more from a year ago.

Purchases of previously owned homes unexpectedly fell in April, a sign the industry's recovery remains uneven.

Mortgage rates fell for the first time in a month, cutting costs for buyers during the housing market's busiest time of the year.

Nonbank servicers selling and buying Fannie and Freddie MSRs must meet new capital and liquidity requirement to transfer servicing.

Foreclosure starts increased slightly while non-foreclosure resolutions for homeowners remained level from the same time last year, according to industry advocacy group Hope Now.

VidVerify, a new company started by a co-founder of Lenders One, produces online videos that educate borrowers on the milestones of the mortgage process, while helping lenders ensure regulatory compliance.

The Commercial Real Estate Financing portal allows investors to apply for financing through Auction.com with the company's preferred lenders.

Real estate investment trusts have near-universal anxiety over the Federal Reserve raising interest rates, a study by BDO USA, a financial advisory and consulting firm, found.

The Financial Stability Oversight Council is encouraging mortgage agencies to continue clarifying when lenders must repurchase defective loans.