Mortgage originations tapered off slightly from the second to the third quarter of 2018, according to a new analysis by Inside Mortgage Finance. [Includes one data chart.]
Read More
Although industry-wide mortgage production was relatively stable during the third quarter, lenders up and down the ranking reported significantly different trend lines. [Includes one data chart.]
Read More
Computershare Loan Services has a message for the residential finance sector: If you’re looking to sell mortgage servicing rights, CLS wants to talk to you.
Read More
The Consumer Financial Protection Bureau hinted at possible future rulemaking on the use of the disparate-impact theory under the Equal Credit Opportunity Act. Attorneys said it would be a significant development in fair lending law.
Read More
As the White House continues looking for the right candidate to head the Federal Housing Finance Agency, industry trade group officials and stakeholders have come to the conclusion that the days of new “pilot” programs for Fannie Mae and Freddie Mac may be over.
Read More
First-time homebuyers are now choosing conventional loans with private mortgage insurance more than FHA loans, according to researchers at Genworth Mortgage Insurance. The shift took place in the second quarter when, for the first time, loans with private MI became the leading product for FTHBs.
Read More
The Trump administration should make the capital framework, pricing and underwriting standards of Fannie Mae and Freddie Mac more transparent and available to the public, according to the U.S. Mortgage Insurers, a trade group representing five of six private MIs.
Read More