Origination

A new Department of Housing and Urban Development policy will make it easier for servicers to transfer certain reverse mortgages back to HUD instead of foreclosing on widowed nonborrower spouses.

Community West Bancshares in Goleta, Calif., said that a litigation settlement concerning its sale of residential-mortgage loans will reduce its second-quarter profit.

Mortgage professional hiring and new job appointments for the week ending June 12.

Highlands Bancorp in Vernon, N.J., has acquired LCD Mortgage, a residential mortgage originator in Totowa, N.J.

Life insurers increased their rate of investment in mortgages in 2014, according to a Fitch Ratings report.

A decade after home sales peaked, 15.4% of owners in the first quarter owed more on their mortgages than their properties were worth.

Several House lawmakers joined the call Thursday for a formal grace period for new mortgage disclosures that would go beyond an earlier decision by the Consumer Financial Protection Bureau.

Department of Housing and Urban Development Secretary Julian Castro touted the Federal Housing Administration’s recent improvement on Thursday, saying it was on a trajectory to hit its statutory minimum and had recently seen a "significant uptick in refinancings."

Private mortgage insurers see deeper coverage of GSE loans as a way to expand business, while lenders hope it could lead to a reduction to guarantee fees.

Home equity in the first quarter rose to $11.7 trillion, the highest since 2007, according to a Federal Reserve report.