Origination

On the eve of delivering money to help flood victims rebuild their homes, the federal agency is demanding Louisiana repay $6.6 million because of sloppy handling of funds for building low- and moderate-income housing over the past decade.

Walter Investment Management Corp. narrowed its fourth-quarter losses, as disappointed CEO Anthony Renzi called the nonbank lender and servicer's third consecutive annual loss "not acceptable."

The 2017 countdown of the National Mortgage News Top Producers list continues by featuring the loan officers ranked 101-150.

Goldman Sachs is selling $1.02 billion of bonds refinancing the Blackstone Group's acquisition of the Willis Tower, formerly known as the Sears Tower.

Dramatic shifts in borrower expectations and a growing purchase market have elevated consumer-direct mortgages from a refi-driven channel to an alternative for staff-heavy lending to homebuyers.

Continuing a strong start to 2017, February mortgage applications for new home purchases grew 2.2% from a year ago.

New-home construction in Metro Orlando spiked 25% from a year earlier with the biggest boost in The Villages and communities near theme parks.

Home sales and prices in the San Antonio area continued to rise in February, but not at the quick pace that's marked the industry over the past year.

Social Finance's online borrowers are defaulting at higher rates than underwriters for one of its bond deals had expected, the latest sign that an industry that hoped to upend banking is now getting tripped up by bad loans.

At a time when mortgage companies are adding both staff and automation to cater to borrowers' changing needs, one lender has developed a distinctive compensation plan that leverages servicing revenue to encourage retention and recruitment of top producing loan officers.