Analysis and Data

Originator reports a loss of $91 million on quarterly revenues of $503 million

Second monthly drop driven by drop in government loan credit availability.

Quarterly revenues are down 40% to $503 million from fourth quarter's $705 million.

Freddie Mac, CoreLogic economists say Fed efforts could affect mortgage rates

Purchase mortgage closing costs increased 13.4% during the same time period.

14.9% of home sellers decreased their asking price, up from 9.1% a year ago

Expectations stable on home price increases but high rent increases expected.

Improvement in loans over 90 days helped overall delinquency numbers.

Economy added 428,000 jobs in April; unemployment unchanged.

Weekly 30-year fixed rate was up about a quarter percentage point.