David Krechevsky

Pending regulatory approvals, lender expects to complete pullback by Nov. 24.

AmWest Funding Corp., others originated the 765 loans in the $397.5 million non-prime RMBS transaction.

FTC, California agency accuse 2 business owners of scam that cost consumers millions of dollars.

Agency seeks information on refinances, mortgage products to promote competition and support household financial stability.

MBA, however, says the recent stretch of modest affordability improvement likely hit a speedbump this month, as mortgage rates rose above 6%.

Chairman said housing market may have to go through "a correction" to return to balance.

Median existing-home price also rose, the 126th consecutive month of year-over-year increases.

MBA economist says the nearly 4% increase 'underscores the overall volatility' of the current housing market.

Month-over-month, purchase applications rebounded in August after four straight monthly declines.

FOMC expected to announced 0.75% rate hike after 2-day meeting ends Wednesday.