Mortgages

Mortgage interest rates increased for the third consecutive weak as strong housing data supported the market, according to Freddie Mac.

Ellie Mae's AllRegs unit has released a new version of its business information tool to help lenders and investors manage risk and identify market opportunities.

CIT's John Thain and OneWest's James Otting, scheduled to speak today at a public hearing on their $3.4 billion M&A deal, will face complaints from community activists that they owe the public more after receiving substantial government help during the financial crisis.

Real estate services provider Accurate Group has unveiled a new suite of products designed to facilitate title and lien clearance.

Problems related to loan servicing dominate the consumer complaints about mortgage companies made to the Consumer Financial Protection Bureau, but an agency official expressed optimism about the industry's response to these grievances.

Morgan Stanley agreed to pay $2.6 billion to settle probes into its creation and sale of residential mortgage-backed securities, as the U.S. Department of Justice holds another large Wall Street firm to account for the 2008 financial crisis.

A recent CFPB enforcement action shows that lenders must not only avoid misleading statements, but anything in connection with their advertising that may have the likelihood of significantly confusing consumers.

BB&T has received subpoenas from the Justice Department tied to a probe of the Winston-Salem, N.C., company's FHA lending.

CoreLogic saw fourth-quarter revenue increase thanks to growth in its data and analytics business, driving the company into the black.

One in three struggling homeowners who received a loan modification through the Home Affordable Modification Program ultimately redefaulted on those loan.Meanwhile, the program that was supposed to help some 4 million families avoid foreclosure has helped only a fraction of that amount, according to a report presented to Congress.

Low mortgage rates and moderating home price growth made December the fourth consecutive month to feature improved market stability, according to a report by Freddie Mac.

Genesis Capital, which lends to investors in distressed single-family properties, will soon have a fresh source of leads for new business.

LendingTree markedly increased its net income in the fourth quarter, based on strong results for both its mortgage and non-mortgage products.

Wells Fargo is offering $1 billion of commercial mortgage bonds via the WFCM 2015-C27 conduit, according to a Kroll Bond Rating Agency presale report.

Panelists at the MBA's mortgage servicing conference said that the best way for servicers to keep federal regulators off their backs is to be responsive consumer complaints. And if a state attorney general or regulator come knocking, it’s best to be responsive and cooperative.

Walter Investment Management Corp. has emerged as the favorite of investors following a year of investigations of the top three nonbank mortgage servicers.

The mortgage delinquency rate fell to the lowest in more than seven years in the fourth quarter as the improving job market and stricter lending standards kept more borrowers current.

New homes sold at a faster pace than forecast in January, a sign of stabilization in the housing industry.

Foreclosure starts in January rose to their highest level in 13 months, even as the national mortgage delinquency continued to fall, according to data from Black Knight Financial Services.

ClosingCorp, a resident real estate closing cost data and technology provider, has released Lumen Risk Management Suite, a group of services that help lenders manage the closing process.