Pavaso CEO: CFPB eClosing mortgage pilot “historic event”

Pavaso CEO: CFPB eClosing mortgage pilot “historic event”

Makes buying a home easier for all Americans

Urban Institute: Qualified Mortgage impact overblown

New rules have only slightly slowed mortgage lending

WATCH: Former Wells Fargo CEO calls BofA fine “extortion”

Kovacevich says fine is political and has “nothing to do with justice”
W S

Items Tagged with 'refinance activity'

ARTICLES

FHFA refinance activity declines

Rising mortgage rates fuel the drop
A little more than 68,000 Fannie Mae and Freddie Mac mortgages refinanced through the Home Affordable Refinance Program in August, the FHFA noted Wednesday.
Read More

Southern community banks perform well, despite lingering risks

Competition weighs on banks that picked up mortgage lending activity
Christina Mlynski
Home values and housing activity picked up across Southern communities, benefiting community banks in the region. But these trends are in large part due to the area's vibrant oil and gas industry and other economic indicators, the Office of the Comptroller of the Currency claimed in a new report.
Read More

QE taper delay could boost mortgage lending

Borrowers take advantage of declining rates
Christina Mlynski
The Federal Reserve’s unexpected decision to maintain its current bond-buying program spells good news for mortgage volumes over the near term.
Read More

Mortgage refinance activity picks back up

Refis represent 61% of all mortgage apps filed
Christina Mlynski
The refinance share of mortgage activity inched back up to 61% of total mortgage applications this past week, up from 57% a week earlier.
Read More

FHFA refinance activity continues its downward spiral

Rising rates, HARP burnout fuel decline
Christina Mlynski
With mortgage rates holding steady, but remaining above record low levels, refinance volumes continued to drop in July, following the downward trend in June.
Read More

Title insurers take hit on HW 30

Refinance nosedive plays a huge role and Radian fares the worst
Megan Hopkins
Title insurers may be yet another component of the housing market that is being impacted by the drop-off in refinance activity — and their stocks will prove it.
Read More

Mortgage applications slip 2.5%

30-year mortgage rate reaches new 2013 high
Brena Swanson
Mortgage applications continue to fall, dropping 2.5% from a week earlier, as the average contract interest rate for a 30-year, fixed-rate mortgage with a conforming loan limit rose to 4.80%, the highest rate since April 2011.
Read More

Banking profit falls as refi volume drops

Brena Swanson
"In our view, as treasury rates continue to climb, companies exposed to mortgage banking will face challenges maintaining gain on sale revenues, particularly institutions benefiting from mostly refinance activity," said Matthew Kelley, an analyst with Sterne Agee.
Read More