Origination

Fourth-quarter mortgage banking income at Wells Fargo & Co. totaled $1.7 billion, up 10% from the $1.5 billion recorded in the fourth quarter of 2014, as the gain on originations and sales increased by $145 million year-over-year.

Mortgage real estate investment trusts will be hurt modestly in the long run, now that they have been excluded from membership in the Federal Home Loan Bank System, according to Fitch Ratings.

Life insurance companies posted a higher return on their private commercial mortgage investments in the third quarter of 2015, compared to the second quarter, according to LifeComps.

Mortgage professional hiring and new job appointments for the week ending Jan. 15.

Brokers and small lenders are being crushed under the weight of heavy regulation, leaving loan officers little choice but to shoulder the burden themselves — or move to an organization that can handle the regulatory requirements.

The availability of debt and equity financing declined during the most recent quarter, according to the National Multifamily Housing Council.

PNC Financial Services Group reported lower fourth-quarter profits on a decline in fees related to residential mortgages and deposit accounts.

Loan officers from the Top Producers rankings share some of their best career anecdotes and advice behind their success in the mortgage industry.

Home Equity Conversion Mortgage servicers have received an additional three months to explore loss mitigation options when borrowers or their spouses have difficulty paying their property taxes and insurance.

The reverse mortgage industry is optimistic after recent reforms to the Home Equity Conversion Mortgage by the FHA and newfound respect from financial planners.