Origination

A recent uptick in mortgage application defects might be reversing, according to First American Financial.

Officials signaled that Hudson City Savings Bank's nearly $33 million settlement over redlining charges is only the first in what is likely to be a string of other cases.

Inclusionary housing policies can help reduce economic discrimination in neighborhoods that are gentrifying rapidly, according to a think tank's report.

Mid America Mortgage will utilize document preparation and electronic signature and vaulting technology developed by DocMagic to facilitate paperless mortgage closings complete with e-signed promissory notes.

Appraisers and appraisal management companies do important, and different, work. Their fees should be listed separately and transparently in the TILA-RESPA integrated disclosures.

The dovish decision from the Federal Reserve to not raise the federal funds rate caused mortgage interest rates to decline across the board, according to the Freddie Mac Primary Mortgage Market Survey.

Federal officials on Thursday ordered Hudson City Savings Bank to pay more than $27 million to resolve redlining allegations, the largest order of its kind and one that is likely to put larger banks on notice that redlining cases will be aggressively pursued.

The U.S. housing market continues to slowly stabilize, according to Freddie Mac's latest Multi-Indicator Market Index.

Purchases of new homes jumped in August to a seven-year high as Americans took advantage of historically low mortgage rates.

The Consumer Financial Protection Bureau's method for detecting disparate impact discrimination can overestimate potential bias, resulting in higher payments for lenders cited by the agency, according to internal CFPB documents.