Some lenders, such as PennyMac, have promoted the no-downpayment feature in their media advertisements.

The private mortgage insurance industry had its best quarter since the housing market crash during the second quarter of 2015, according to a new Inside Mortgage Finance ranking and analysis. Private MIs provided insurance on $60.51 billion of new single-family mortgages during the second quarter, a strong 33.7 percent increase over the first three months of the year. It was the biggest three-month output for the industry since the first quarter of 2008. The sharp increase in purchase-mortgage lending during the second quarter helped float...[Includes three data tables]

Overall, delinquencies remained below levels seen a year ago...

HUD's Neighborhood Watch system is down, but this cabinet level agency has no explanations for the press or public

The sharp increase in purchase-mortgage lending during 2Q helped float the private MI boat higher.

Historically, the turn time for the Income Verification Express Service program has been around two business days or less. Not anymore.

Is the bulk MSR market in the doldrums?

This just in: Wells Fargo mortgage chief Mike Heid to step down...

If rates continue to head south it could result in large hedging losses and markdowns on mortgage servicing rights.

Ocwen faces the potential loss of non-agency MBS servicing on two fronts but so far investors are not pulling the trigger...