Tag Archives: Refinance

Purchase originations gained a bit more ground on refinances in November, according to Ellie Mae's latest Origination Insight Report. According to the findings, refinance originations pulled back slightly to represent 68 percent of loans closed, down from 69 percent in the October report. Meanwhile, the share of purchase loans increased to 32 percent from 31 percent previously. Though refinances are slowly losing ground, refinance share remains well above its May level, when refinance and purchase shares were fairly equal.

A sharp decline in refinance applications brought overall mortgage application activity down for the week ending December 14, according to the Mortgage Bankers Association.

Independent mortgage bankers are seeing increasing origination volumes and profits, according to a report by the Mortgage Bankers Association (MBA).

A plunge in mortgage interest rates gave lift to applications for the first week of December, according to the Mortgage Bankers Association.

Add Freddie Mac to the list of companies forecasting great things in the 2013 housing market.

Mortgage applications went into the holiday season with a strong start, according to data from the Mortgage Bankers Association (MBA).

Fannie Mae and Freddie Mac refinanced more than 90,000 mortgages through the Home Affordable Refinance Program (HARP) in September.

Mortgage applications continued to decrease during the week of Thanksgiving, the Mortgage Bankers Association (MBA) reported.

With revenue up and the housing market showing a sustained recovery, Fitch Ratings says the outlook for the U.S. title insurance industry is "stable." The agency points to improved revenue and reduced expenses as signs of stability. Operating profit margins for Fitch's title universe rose to 10.3 percent in the first nine months of 2012, a dramatic jump from 6.1 percent during the same period in 2011. In addition, title revenues increased by more than 15 percent from January to September as housing markets found solid ground.

Originations for one- to four-family homes have risen steadily over the year, yet refinances made up a bulk of the activity recorded to date.