Origination

The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act’s “good neighbor” policy can continue.

Mortgage rates were little changed from the previous week as they rose two basis points on better-than-expected economic news, according to Freddie Mac.

The Consumer Financial Protection Bureau has met the requirements for convening small business review panels though most panelists said they disagreed with the agency's final rules, the Government Accountability Office said.

S&P Global Ratings has raised Ocwen Loan Servicing's rankings for both its residential and commercial segments.

Eight credit unions with branches in six states have partnered with myCUmortgage to provide mortgage products and services for their members.

Nationstar is preparing its third securitization this year, and sixth overall, of nonperforming and inactive reverse mortgages under a Federal Housing Administration reverse mortgage program.

Mortgage application activity increased 7.1% from one week earlier, driven by a spike in consumers looking to refinance their loans, according to the Mortgage Bankers Association.

Fewer housing markets are seeing double-digit gains in prices as affordability becomes more of a challenge in some areas.

The foreclosure inventory at the end of June was at its lowest level since August 2007, according to data released Tuesday by CoreLogic.

PricewaterhouseCoopers LLP failed to spot for seven years a multibillion fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender's bankruptcy trustee told a Miami jury on Tuesday.