Origination

Even though the channel helped the bank do over $2 billion in business last year, going forward it will produce loans through the traditional retail business.

The plateau in non-depository estimates for new jobs in the field reported Friday follows anecdotal accounts of reorganization by banks and nonbanks in the past week.

It is only a modest positive for new publicly-traded mortgage companies if acting Federal Housing Finance Agency head Sandra Thompson rolled back the caps put in place by the agreement with the Treasury.

Historic data suggests that first time home buyers may want to wait out current market conditions, a new report states.

Estimates suggest public funds in aggregate may be adequate to cover arrears and potentially keep many in their homes as the eviction ban ends, but may not be evenly distributed.

Private mortgage insurers can continue to hold less capital for forborne delinquent loans, which helps them potentially upstream payments to parent companies in the third and fourth quarters.

While home prices hit another record high, the supply of for-sale properties improved, according to Realtor.com.

Markets react calmly to inflationary worries, but short supply and rising home prices loom as a greater concern.

The financial services company will incentivize existing card members with statement credit for taking out or refinancing a home loan with either lender.

The ruling confirms that a state precedent regarding forward mortgages also applies to home equity conversion loans.