Servicing

Of the 17 Mortgage Industry Equity Composite members, 11 closed in a range between a loss of 0.5% and a gain of 1%.

Wells Fargo is predicting a sharp decline in mortgage originations this quarter, but CEO John Stumpf is hardly worried.

Rising interest rates will be the reason why.

The Consumer Financial Protection Bureau said its consumer complaint system is now taking debt collection complaints related to any consumer debt.

In the preliminary stages, lenders may not yet know what they need, much less want.

Centerline Capital Group has completed a $4.7 million cash-out refinancing transaction on two multifamily properties in Chicago.

JPMorgan Chase’s mortgage originations during the second quarter rose 12% year-to-year to $49 billion.

A study from the Federal Reserve Bank of Cleveland says the claim that Americans whose homes were underwater were unable to relocate for job purposes was a myth.

Delinquent CMBS loans declined 19 basis points in June to 7.18% from 7.37% a month earlier.

The mortgage banking business added $2.8 billion to Wells Fargo’s noninterest income in the second quarter.