Wells Fargo’s third-party mortgage servicing portfolio shrank by nearly $90 billion over the past year, even as the bank increased mortgage originations from a year earlier. The latest quarterly figures show how differently the lender’s servicing and production...
Mortgage applications for new home purchases increased 0.9% year-over-year in February, according to data from the Mortgage Bankers Association (MBA). Compared to January, applications decreased by 1%. The MBA estimated new single-family home sales were running at a...
A total of 1.76 million mortgages secured by residential property (one to four units) were issued in the second quarter, a 19.4% surge from the prior quarter and a 6.3% increase from the same period last year. According to data from ATTOM, the second quarter’s $601.7...
A total of 1.54 million mortgages secured by residential property (one to four units) were issued during the third quarter, according to new data from ATTOM. This represents a 3% decline from the second quarter and the ninth decline in the last 10 quarters – the...
Total mortgage balances were up 3.2% during the third quarter while total mortgage origination plummeted by 36.5%, according to new data from TransUnion (NYSE: TRU). After recording a slight decline in the second quarter, mortgage balances increased to $11.8 trillion...
Fed’s Waller Says Treasury Yield Surge Is Already Squeezing Housing Demand
Existing-Home Sales Rise 1.5% in September, but Mortgage Rates Threaten Reb…
