Colin Wilhelm

In another escalation of Quicken Loans' ongoing clash with the government, the Department of Justice on Thursday filed a lawsuit alleging shoddy underwriting by the company.

Mortgage applications increased a seasonally adjusted 2.3% from last week, according to the Mortgage Bankers Association's weekly mortgage applications survey.

Federal regulators fined mortgage servicer Green Tree Servicing $63 million in penalties and restitution on Tuesday, alleging that it mistreated borrowers at risk of foreclosure and failed to honor modifications of loans transferred from other servicers.

Quicken Loans filed a lawsuit against the U.S. departments of Justice and Housing and Urban Development over a government inquiry into its FHA mortgage business.

Sandy Spring Bancorp, in Olney, Md., reported an increase in quarterly profit because of an increase in mortgage revenue.

Mike Cagney of Social Finance, honored Wednesday at LendIt's innovator of the year, chalks up his success to his company's "relationship-driven" model.

Burlingame, Calif.-based mortgage compliance service ComplianceEase has acquired Mortgage Banking Systems of McLean, Va.

Carrington Mortgage Services will begin offering the Federal Housing Administration's 203k full loan program through its national wholesale division.

Walker & Dunlop originated its record largest deal in 77 years of business.

Mortgage credit availability increased in March, the Mortgage Bankers Association's monthly Mortgage Credit Availability Index found.

Consumer demand for housing has dropped to its lowest recorded level due to reduced confidence in financial security and income raises, a new survey from Fannie Mae says.

A new report from analytics firm CoreLogic predicts that national home prices will experience a healthy rise from January 2015 to January 2016.

Jernigan Capital has listed 5 million shares of its common stock in an initial public offering.

Navy Federal Credit Union closed over $1 billion worth of mortgages in March, and $2.5 billion year-to-date.

The Federal Housing Administration will require single family home mortgage appraisals to be submitted through an online electronic delivery portal starting on June 27, 2016, the agency announced.

Nationwide foreclosure activity in February approached its lowest point since the financial crisis, mortgage analytics firm Black Knight Financial Services concluded in its monthly "first look" report.

A U.S. District Court judge has dismissed a challenge to JPMorgan Chase's $13 billion settlement with the Justice Department.

Mortgage lender outlooks improved during the first quarter of 2015, according to a new sentiment survey from government sponsored enterprise Fannie Mae.

An outage that crippled the Internal Revenue Service's ability to process 4506-T forms for nearly two weeks has been resolved, but the capacity constraints in the tax transcript service are an ongoing challenge for the mortgage industry.

Freddie Mac will offer its first external 55-day participation certificate pass-through security, the government-sponsored enterprise announced Monday.