Origination

Class action lawsuits accuse the lender and servicer of negligence over the incident which compromised the sensitive data of tens of thousands of customers.

Connecticut banking officials cited a series of alleged violations, including false and misleading statements and failure to maintain complete loan files.

How decisions in construction and property oversight can reshape multifamily loan performance.

Pending sales of US existing homes rose in August to the highest level in five months, as falling mortgage rates gave a much-needed lift to the sluggish housing market.

Jerry Halbrook, who also held key roles at a number of mortgage lenders like Pennymac and Nexstar, has been named president and COO of Covered Insurance.

Investment purchases surged to their highest share in five years in the second quarter, even though total volume decreased from 12 months earlier.

OCMBC launched its new wholesale lender, GIANT Lending, amid a poaching controversy with the naming rights to its old DBA, Jet Advantage.

However, Rocket, which has been of the companies to participate, has not yet announced its intentions regarding a pre-FHFA announcement increase.

Washington, D.C. and Denver lead the country with the largest share of mortgaged households, and will likely soon see a shift in buyer demand, Realtor.com said.

The recent decline in mortgage rates and rising incomes helped improve buyer affordability, but record home prices remain formidable obstacles.