Millennials act differently than prior generations, including moving to second-tier markets to buy a home, and that is the opening for community lenders to reach this market.

Homebuilders are growing more confident in the market for newly built single-family homes as demand grows. At the same time, mortgage companies are streamlining the new construction loan process, suggesting they, too, see value in the market.

First-quarter mortgage banking results at Wells Fargo and JPMorgan Chase could be an early sign of an improving industry.

Tim Sloan couldn't hang on any longer. Here are insights about why he left now, what role policymakers played in the decision and will continue to have in the company's future, and who in the world would want to lead Wells Fargo.

The embattled executive says the nation’s fourth-largest bank “will benefit from a new CEO and fresh perspectives."

Costs, process, privacy: Here's a look at some key digital mortgage drivers and obstacles identified by experts at this year's MBA Technology Solutions Conference.

The mortgage industry is eager to adopt digital strategies like artificial intelligence to streamline processes, but they are finding it difficult to extend through the full lifecycle of the loan.

The Federal Reserve decision to shift into Treasuries could pull rates down and increase the prepayment speeds on mortgage-backed securities.

In a unanimous ruling, the court placed new limits on the ability of consumers to sue law firms that handle foreclosures on behalf of mortgage servicers.

Houses selling well at lower price points are likely to encourage the creation of more entry-level homes, according to a new report by the National Association of Home Builders and Wells Fargo.

Wells Fargo CEO Tim Sloan said that the megabank has worked to address past issues and is equally committed to preventing new problems from arising, despite reports suggesting otherwise.

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

While overall housing sales have suffered due to affordability, the trend is even more drastic for typically higher-priced new homes, according to Redfin.

A security breach that left 24 million mortgage documents unprotected on a server is rekindling concerns about the risks posed by fourth parties.

The bank says it has restored access, but it hasn’t explained how a fire-suppression system at one facility could cause a nationwide outage across all of its channels, or how its system as a whole could have been left so vulnerable to the incident.

A lawsuit alleging Wells Fargo improperly compensated its California-based mortgage loan officers could have broader ramifications now that it has been granted class certification.

Customers reported being unable to access online banking, mobile banking or their debit cards.

The number of homeowners participating in an expanding down payment assistance program offered by Wells Fargo and NeighborWorks could top 20,000 this year.

While Fannie Mae's multifamily origination volume took a step back from 2017's record high of $67 billion, its delegated underwriting and servicing program provided $65 billion in financing in 2018, led by Wells Fargo.

Flagstar Bancorp's acquisition of 52 Midwest branches of Wells Fargo helped increase its core customer base, but its mortgage results were lower than anticipated in the fourth quarter, according to the Troy, Mich.-based bank.