Origination

Craig Strent of Apex Home Loans saw potential in blending his mortgage banking services with the strategy of financial advising, finding strong partners and a niche in helping clients through one of life's most difficult transitions.

Little Rock, Ark.-based startup Mortgage Peer Network was chosen as one of 10 companies to participate in FIS' VC FinTech Accelerator Program.

The Consumer Financial Protection Bureau and other federal banking agencies should do more to protect consumers with limited English proficiency, a report from Americans for Financial Reform says.

Banks have rushed to the exits when it comes to Fannie Mae and Freddie Mac debt securities. Federal liquidity rules seem to be prompting big banks to do so, but why small banks are unloading the bonds, too, is more of a puzzler.

Homebuyers are growing more worried about competition from other buyers, but housing affordability remains their No. 1 concern, a survey by the real estate brokerage Redfin found.

Many appraisers are charging more or simply refusing to do FHA work, which to their minds now comes close to, if not crossing into, the remit of the home inspector.

A popular misconception is that homeownership would decline if mortgage subsidies were done away with, but the truth is homeowners are better off without them.

Incenter Mortgage Advisors is brokering the sale of a $1.4 billion Fannie Mae and Freddie Mac bulk residential mortgage servicing rights portfolio.

Mortgage professional hiring and new job appointments for the week ending May 27.

Miami’s crop of new condo towers, built with big deposits from Latin American buyers and lots of marketing glitz, are opening with many owners heading for the exits.