Servicing

360 Mortgage is bringing back the no-income, no-asset loan, but says its $1 billion pilot's guidelines differ from those of the NINA loans that contributed to the financial crisis.

Surging loan production expenses and low revenue killed profits in 2018 for loans originated by independent mortgage bankers and subsidiaries of chartered banks, according to the Mortgage Bankers Association.

In her first policy speech since being confirmed as the agency's director, Kathy Kraninger promised less focus on enforcement actions and more emphasis on consumer education.

Destiny USA, one of the largest malls in the nation, is struggling to pay its mortgage, according to a published report.

Lower interest rates increased Bank of America's first-quarter residential mortgage volume by 21% over the previous year, while home equity dropped by 25%.

As the dangers of global warming lead to heightened natural disasters, those disasters result, at least temporarily, in a higher amount of mortgage defaults. From Texas to the nation's capital, these are the 12 most hazard-prone housing markets, according to Redfin.

A trio of Los Angeles-area real estate developers were accused by the federal government of taking $1.3 billion of investor funds that was supposed to be used for hard money loans for their own use.

Citigroup's first quarter mortgage-related revenue increased compared with the fourth quarter — although down slightly from the same period last year — as its lending operations continued to contract.

Freddie Mac's latest nonperforming mortgage auction will include one pool targeted to smaller investors like nonprofit organizations.

Mortgage industry hiring and new job appointments for the week ending April 12.