Search Results for:

You are here

News 1 year ago
CMBS Originations Lead CRE Lending Up From Q1

Commercial real estate loans originated for securitization soared from the prior quarter, while government-sponsored CRE financing activities had...

Share
News 1 year ago
Mortgage Delinquency Holds, Miami's Rate Plunges

Serious delinquency on first mortgages was little changed last month, as has been the case for a half-decade. In Miami, serious consumer...

Share
News 1 year ago
Mortgage Bankers Cut 3-Yr Purchase Forecast

A $65 billion reduction has been made to the three-year outlook for the origination of loans to finance the acquisition of residential properties....

Share
News 1 year ago
5-Month High for Weekly Rate-Term Refis

The share of prospective borrowers who sought to refinance their existing mortgages jumped to the highest weekly level in five months. What's...

Share
News 1 year ago
Hirings Planned for CoreLogic's Appraisal Unit

CoreLogic Inc. held a ribbon-cutting ceremony this week in Oklahoma City to tout its new presence in the state. Hirings are planned for the...

Share
News 1 year ago
Drop In Mortgage Rates Likely to Hold

Interest rates on home loans tumbled over the past week, and they are likely to remain there over the next week. A report on monthly closings had...

Share
News 1 year ago
Builder Confidence Sinks to Nearly 1-Yr Low

As buyer traffic weakened, home builders grew more pessimistic about the new home market. Many continue to worry about the impact from decreasing...

Share
News 1 year ago
Capital One Cuts 100s of Texas Mortgage Jobs

Hundreds of mortgage employees in North Texas are being laid off by Capital One Financial Corp. The job cuts come less than a year after over 700...

Share
News 1 year ago
Fixed and ARM Mortgage Rates Rise

Across the board, interest rates on residential loans moved higher this past week. Also rising were indices on adjustable-rate mortgages.Freddie...

Share
News 1 year ago
Acquisition of Nationstar Completed

The previously announced acquisition of Nationstar Mortgage Holdings Inc. by the former parent of failed Washington Mutual Bank has been completed...

Share
News 1 year ago
Mortgage Applications Fall, Purchases Most

Weekly purchase-money loan applications were affected more than refinances from a week-over-week drop in mortgage applications. Government share...

Share
News 1 year ago
Short Supply Continues to Drive Up Home Prices

There is no stopping U.S. home prices from rising thanks to ongoing housing supply shortages. Gains in San Francisco and Las Vegas are beginning to...

Share
News 1 year ago
Northeast Leads Rise in Pending Home Sales

After two months of weakening activity, more single-family properties went under contract than a month earlier-- though supply continues to be an...

Share
News 1 year ago
Rate-Term Refinances Lowest in Nearly Decade

The mild wave of recent rate-term refinances has retreated to the lowest level in at least nearly a decade-- leading overall new mortgage business...

Share
News 1 year ago
Mobile Usages Diminishes In Mortgage Servicing

After deteriorating last year, borrowers' satisfaction with mortgage servicers was no better this year. One interesting observation was that mobile...

Share
News 1 year ago
Mortgage Rates Rise, Could Climb More

Mortgage rates inched up this past week and could extend the increase in next week's report. One longer-term forecast has the escalation continuing...

Share
News 1 year ago
Bump in Refinance Apps Offset By Dip in Purchases

A modest weekly up tick in applications for loans to refinance an existing mortgage was more than offset by a dip in applications for purchase...

Share
News 1 year ago
Freddie Slashes 3-Yr Mortgage Origination Outlook

Between last year, this year and next year-- economists at the Federal Home Loan Mortgage Corp. have slashed their estimate of industry-wide...

Share
News 1 year ago
Mortgage Biz Slips, Purchases Down Most

New mortgage activity slowed down this week, and purchase financing took the biggest hit. At the other end of the spectrum were refinances, which...

Share
News 1 year ago
Stabilization in Mortgage Rates Could Continue

Mortgage rates were little changed this past week, and one short-term outlook has them staying put for the next week. Another forecast has...

Share
News 1 year ago
Mortgage Applications Pulled Down by Purchases

A week-over-week drop in new mortgage applications was fueled by a decline in purchase-money applications as refinance activity ascended. The jumbo...

Share
News 1 year ago
Home Builder Confidence Holds, Buyer Traffic Up

Despite an improvement in buyer traffic for new residential properties, a decline in the outlook for the rest of this year kept home builder...

Share
News 1 year ago
1st Mortgage 90-Day Rate Down 3 Mths in Row

Last month's rate of serious mortgage delinquency moved lower and has shown improvement now for three consecutive months. Miami's drop was biggest...

Share
News 1 year ago
Purchases Lead Weekly Mortgage Business Up

New mortgage activity picked up from the holiday week, with home-purchase financing leading the way. But the cashout share of business diminished...

Share
News 1 year ago
Escalation Reported for Mortgage Rates

The short-term report is that interest rates on residential loans turned higher this past week. The medium-term outlook is for more of the same.For...

Share
News 1 year ago
Purchase Surge Overcomes Mortgage Refi App Decline

Even though refinance business slowed to the lowest level since the turn of the century, a surge in loan applications for purchase financing drove...

Share
News 1 year ago
Mortgage Bankers Cut 3-Yr Purchase Forecast

U.S. mortgage bankers have lowered their three-year housing forecast for purchase-money loan originations by more than $80 billion.For the three...

Share
News 1 year ago
Jumbo Lending Lots Looser as Lenders Fight for Biz

Residential lenders relaxed credit requirements last month to the most flexible level since January. Driving the improvement were ambitious lenders...

Share
News 1 year ago
Mortgage Biz in July 4 Week Lowest Since Holidays

As Americans celebrated the 242nd birthday of the United States, new mortgage business sank to the lowest level since the holidays. Adjustable-rate...

Share
News 1 year ago
Another RMBS Settlement for RBS

Another settlement has been reached by the Royal Bank of Scotland over its handling of the sale of residential mortgage-backed securities. RBS has...

Share