Kristin Broughton

FirstMerit Bank in Akron, Ohio, has partnered with the Skillman Foundation to help residents in downtown Detroit purchase homes.

IMH Financial in Scottsdale, Ariz., reported a loss in earnings for the second quarter, as operating expenses outweighed gains from mortgage loans.

Foreclosure rates continued their steady, three-year decline in June, according to a report Thursday from CoreLogic.

Freedom Mortgage in Mount Laurel, N.J., has agreed to pay $104,000 to settle claims that it discriminated against loan applicants with disabilities.

Ellie Mae has agreed to buy AllRegs, an electronic publisher of underwriting guidelines.

Young adults are waiting a few extra years to buy their first home, according to a study released Tuesday by loanDepot.

Commerce Bank has agreed to offer home financing through Embrace Affinity Mortgage Solution, an outsourced provider of residential mortgages.

Second-quarter earnings at the country's largest mortgage banks met analyst expectations, according to a recent report from Keefe, Bruyette & Woods.

Ellie Mae ties its fortunes to its clients' success with a pricing model that charges lenders based on the number of loans they close. Now it's found a way to monetize the applications that flow through its origination software but don't get funded.

Ellie Mae in Pleasanton, Calif., reported a rise in second-quarter profits compared to last year, boosted by sales of its mortgage origination software.

Mortgage rates held steady over the past week, remaining near their lowest levels for the year, according to Freddie Mac.

Delinquency rates for commercial mortgage-backed securities improved slightly in July, according to a report released Wednesday by Trepp.

The official in charge of monitoring JPMorgan Chase's $13 billion settlement with bank regulators released his initial progress report this week.

Document imaging and data processing firm Kofax has launched new consumer-facing technology designed to make it easier for borrowers to submit their financial information for a mortgage application.

Washington Trust rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.

Peoples Bancorp reported higher earnings in the second quarter than a year earlier thanks to a stronger loan portfolio.

Ocwen Financial has created a community advisory council to address the needs of distressed borrowers amid regulatory scrutiny of the mortgage servicer.

Ocwen Financial has repurchased approximately $72.3 million in stock from WL Ross & Co., a private-equity firm in New York.

The improvements in CMBS delinquency rates could reverse, the ratings agency cautioned, if applications for large servicing transfers and loan modifications are declined in the coming month.

Harbinger Group, a holding company in New York, has agreed to acquire a majority interest in CorAmerica Capital, a commercial real estate firm in Los Angeles.