Mortgage rates

N.Y., California want more regulation; bank stocks hammered again


The governors want more regulatory power as federal oversight slips; U.S. and European banks dropped sharply Monday as coronavirus-related problems multiply.


More coronavirus challenges for banks; RBS delays


Bankers express confidence despite coronavirus concerns, while consumers ponder cash needs; U.K. will hold off unloading its 62% stake in bank.


Mortgage activity rising after Fed's emergency rate cut, Truist chief says


While clients are uneasy about the spread of coronavirus, Kelly King touted the added volume his company has seen from lower rates.


Dimon has emergency heart surgery; Waters wants two off Wells' board


The JPM CEO is “recovering well” as the bank’s two co-presidents assume control; the House finance chairwoman says the bank board members neglected their duty.


JPMorgan shifts scores of workers to mortgages to handle boom


Demand for home loans has been strong in recent months and is expected to increase coronavirus fears push rates lower.


Refinance mortgage applications reach highest level since 2013


Refinance application activity last week was the highest in nearly seven years, with more than triple the volume from one year ago, according to the Mortgage Bankers Association.


Big mortgage lenders are flirting with disaster


Banks' lowering of origination fees and loosening of underwriting standards often foreshadow a downturn.


Foreclosure starts fall to lowest level this century: Black Knight


November's foreclosure starts hit their lowest level since Black Knight started tracking this data in 2000, while the foreclosure rate reached a 14-year low.


There are better times ahead for mortgage finance


While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's benevolent conditions will not always be with the industry.


Wells Fargo again lowers a key earnings target


For the third time in five months, the San Francisco bank made a downward revision Monday to its guidance on net interest income. An executive cited the impact of lower interest rates.