A cyclical flight to quality and increased consumer demand for fixed-rate mortgages bolstered a flagging home loan market during the first quarter, nearly offsetting a sharp decline in subprime mortgage originations. According to a... [Includes five charts] Read More

A surge in refinancing helped thrifts report a surprising 33 percent jump in new mortgage originations during the first quarter of 2007, although loan performance issues continued to mount. The Office of Thrift Supervision reported that companies... [Includes one chart] Read More

The Federal Reserve Board this week released a roadmap of controversial mortgage underwriting issues it intends to address in a potentially significant expansion of its regulatory authority under the Home Ownership and Equity Protection Act. Until now... Read More

While the House recently passed legislation to reform the government-sponsored enterprises, the Mortgage Bankers Association’s top lobbyist does not expect the Senate to act on the bill, or any mortgage-related legislation, for at least a year. At a press... Read More

The U.S. housing market is operating in a generally solid economic environment, and mortgage insurance growth fundamentals are the best they’ve been in years, according to Genworth Financial, which hopes to see its domestic MI business grow at a healthy clip this year... Read More

2006 was no picnic for mortgage executives as pricing became increasingly competitive and the subprime sector began to unravel, but top officials continued to pull down hefty compensation for guiding their firms. Mortgage banking revenue... [Includes one chart] Read More