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Finance of America Reverse agreed to pay $2.5 million to settle allegations that a company it acquired violated the False Claims Act for loans submitted for Federal Housing Administration insurance in 2010.

Digital banks outscored brick-and-mortar banks in a recent J.D. Power study of customer satisfaction. However, the survey pointed to shortcomings in call center services, which are in high demand during the COVID-19 pandemic.

Williston Financial Group accounted for a pandemic in business continuity plans, and it helped some, but COVID-19 was a much larger scale than it anticipated.

Mortgage rates dropped for the second consecutive week, falling 17 basis points, but that is not attracting homebuyers back into an uncertain market, according to Freddie Mac.

Home construction in Round Rock is slowing but hasn't stopped in the wake of COVID-19, local industry leaders said this week.

San Diego County's home market started 2020 with prices rising more than any other West Coast market and much of the nation.

Joe Welu, CEO and founder of Total Expert, provides his perspectives on how the coronavirus pandemic impacts the mortgage industry and ways lenders can push forward.

Simply stated, the federal forbearance of mortgage payments is perhaps the largest unfunded public mandate in American history.

The agency said lenders should avoid reporting delinquent payments to credit bureaus for consumers who have sought payment relief due to the pandemic.

The 2020 countdown of the National Mortgage News Top Producers list continues by featuring the loan officers ranked 101 to 200.