Streamline refinancing helped boost FHA origination volume as lenders reported substantial increases on monthly and year-over-year bases, according to Inside FHA Lending’s latest analysis of FHA data. Despite increases in mortgage insurance premium and other policy changes aimed at reducing FHA market share and strengthening the Mutual Mortgage Insurance Fund, FHA endorsements were up 18.7 percent in January 2013 from December 2012, and a hefty 38.7 percent from January last year. However, FHA refis accounted for 54.3 percent of total production while purchase mortgages made up ... [1 chart]

Some underwriters in the private mortgage insurance space are rolling out new technology in their efforts to reacquire market share lost to the FHA even as market tidal forces continue to shift in favor of private MIs. Radian Guaranty, a subsidiary of Radian Group, has introduced its MI rate finder application, Radian Rates, for Android smart phone devices on Google Play. Designed as a mobile version of the company’s existing online rate finder, Radian Rates checks eligibility, compares options and automatically calculates the MI rate depending on the ...

The long awaited recovery in the jumbo MBS market may finally be here as more banks plan to issue securities.

The Federal Reserve will continue to gobble up MBS and other long-term bonds, which means mortgage rates should stay low.

Industry veteran Sy Naqvi is stepping down as CEO of PNC Mortgage.

Stable interest rates are making refinancing less attractive to the newest mortgage borrowers, which should keep prepayment rates very low.

The share of cash purchases of homes increased for five consecutive months, hitting 32.3 percent in February, based on the three-month moving average.

Is the refinancing boom finally over? Some mortgage bankers are beginning to get nervous.

Walter Investment Management lost money in the fourth quarter and for the full year but that's because it's been gobbling up billions of dollars in mortgage servicing rights.

The Senate Banking Committee, as expected, approved the nomination of Richard Cordray to head the CFPB, but Republicans are not happy about the structure of the young agency.