Mortgages

Record low interest rates have led to a spike in refinance volume, driving total mortgage application volume up by 16.6% on a seasonally adjusted basis for the week ended Sept. 28.

GOP presidential candidate Mitt Romney is open to trimming the mortgage interest deduction.

National Mortgage Insurance Corp., a new MI company, denies that it misappropriated trades secrets from the now defunct PMI Mortgage Insurance.

Roughly 10 million additional Americans might get the opportunity to refinance at today’s low mortgage rates, under two bills being promoted by HUD secretary Shaun Donovan.

Churchill Mortgage is on pace for a record year in loan volume.

FBC Mortgage has agreed to merge with a unit of Sterne Agee, an investment banking firm that covers a select number of residential finance stocks.

Bliss Sawyer sends an update about the Rural Development program to her referral partners.

Flagstar Bancorp named Michael Tierney president of both the holding company and thrift, effective immediately.

The California Association of Realtors expects the state's housing market to continue its recovery effort next year with improved home sales and a rise in home prices.

Field services are the first step servicers have to consider as they choose foreclosure sales and disposition strategies.

Almost a month ago Mortgage Industry Advisory Corp. held an auction on $8 billion of Government National Mortgage Association servicing rights.

The qualified residential mortgage rule will determine which single-family loans are exempt from risk retention.

The Federal Housing Finance Agency said that The Cogsville Group has purchased 94 Fannie Mae properties in Chicago as part of a real estate owned pilot initiative.

This third round of quantitative easing may have more effect on the mortgage business because this time, the Fed is targeting mortgage-backed securities for its purchase program.

Recent changes made by the Federal Housing Administration to its condominium program has caused endorsements to increase nicely.

PrimeLending this week hired industry veteran Eric Declercq as senior vice president and regional manager for the New York metro area.

Radian will begin offering cash rewards to certain borrowers who recently modified their mortgage under the Home Affordable Modification Program.

Community banks might scale back their role in residential mortgages if changes are not made to Basel III.

Fannie Mae Chief Economist Doug Duncan explains why 2012 is the "Year of the Political Economy."

Optimum reveals all the secrets behind a marketing campaign.