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The Latest: National Mortgage News | Mortgage Industry News & Analysis | National Mortgage News

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The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.

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NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.

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Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.

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The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.

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Purchases of new single-family homes increased 1.6% last month to an annualized rate of 628,000, data released Friday by the federal government showed.

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