Mortgages, Cards and Cost Cuts Lead Fifth Third Chief's Agenda
Greg Carmichael, who's been Fifth Third's CEO for nearly a year, has started putting his stamp on the company by aggressively trimming branches in favor of mobile, seeking to build up its consumer credit business and retooling the balance sheet.  more »
Producer Profile
A simple rhyme reminds one loan officer in a bustling California housing market to stay focused, committed and to treat every loan equally.
The results of the 2016 Top Producers Survey reflect a year of booming business for loan officers, both in terms of the dollar volume and number of loans reported by each loan officer.
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The CFPB sent letters Thursday to 44 mortgage lenders and brokers warning them of potential reporting violations related to their mortgage lending activities — infractions the bureau is increasingly pushing lenders to take seriously.
A financial report due out soon could reignite a battle over whether the Federal Housing Administration should again reduce its annual premium.
Mortgage rates slipped from last week's spike and the 30-year fixed-rate mortgage eased back to its summertime range below 3.5%, according to Freddie Mac.
Radian Group reported an 18% uptick in net income as it set a company record for the highest quarterly volume of flow mortgage insurance.
No chill so far this fall for Twin Cities homebuilders, who are raising as many houses as apartments and keeping crews far busier than last year at this time.
The San Diego County median home price hit $495,000 in September, a drop from the previous month but a strong showing for a typically slow part of the year, real estate tracker CoreLogic reported.
Arch Capital Group's mortgage insurance business had underwriting income of $37.4 million in the third quarter, an increase of 119% compared with the $17.1 million one year prior.
The Freddie Mac Multi-Indicator Market Index for August was up 5.4% over the same month last year, driven by its purchase component, which had an 18.6% increase.
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