Nationstar Reports Jump in 4Q Profits

Category: National Mortgage News
Published: Saturday, 04 March 2017
Nationstar Mortgage Holdings in Dallas reported significantly higher net income for the fourth quarter, due to improved revenue in its servicing segment.

Defect and Fraud Risk Rises With Shift to Purchase Market

Category: National Mortgage News
Published: Friday, 03 March 2017
The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.

Prepayments Drop Amid Higher Rates: Black Knight

Category: National Mortgage News
Published: Friday, 03 March 2017
The monthly prepayment rate declined in January, an indication of the effects of higher interest rates. Black Knight Financial Services reported Thursday that the monthly prepayment rate fell 30% month over month to 0.95%.

10 Hottest Markets for FHA Mortgages

Category: National Mortgage News
Published: Friday, 03 March 2017
The 2016 share of home purchases using Federal Housing Administration loans nationwide was 15.5%, up from 15.4% in 2015, according to Attom Data Solutions.