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Mortgage News
02/11/2016 Rates Drop, Refi Applications Surge in Latest MBA Weekly Survey
WASHINGTON, D.C. (February 10, 2016) - Mortgage applications increased 9.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 5, 2016.
02/10/2016 Mortgage Credit Availability Decreased in January
WASHINGTON, D.C. (February 5, 2016) - Mortgage credit availability decreased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
02/09/2016 Wells Fargo settles mortgage kickback class action lawsuit for $16.2 million
Housingwire.com by Ben Lane - Wells Fargo will pay more than $16 million to settle a class action lawsuit brought against the megabank by customers of Genuine Title, who accused the bank of accepting kickbacks from Genuine Title in in exchange for business referrals.
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