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Depending on the state, the range is from $1.7K to $3.7K based on loan offers made on the site.

An interagency statement warned that automated systems have the potential to perpetuate discrimination and that such systems should be developed and used "in a manner consistent with federal laws."

A couple small deals with some unusual regional concentration also are in the market and one broker says many billions of dollars more are in the pipeline.

Taking a second look at those who were denied credit is very costly for lenders under the FHA's antiquated rules, writes the Chairman of Whalen Global Advisors.

Brian David Hall is the author of Your Website Sucks, Here's How To Fix It and has run hundreds of experiments across dozens of websites, generating millions in incremental revenue. You can see more of his work at briandavidhall.com/cpa.

The banking industry and consumer advocates praised the Financial Stability Oversight Council's move to reinvigorate its authority to regulate nonbanks. But that effort is going to take time and is guaranteed to face political headwinds.

Home loan volume is slowing, heightening the need for effective outreach to new leads for lenders. Join industry mortgage marketing leaders for a discussion about best practices in the current landscape.

Dallin Earl is an associate at the law firm Covington & Burling.

Judy Mok is of counsel at the law firm Covington & Burling.

The transaction is the second of its kind in the past six months and comes as the mortgage leaders take steps to develop document standardization that would ease electronic closings and trading of the home equity loans.