Origination

The U.S. Supreme Court Fair Labor and Standards Ruling will likely revitalize interest from the plaintiffs’ bar regarding FLSA claims against lenders, who continue to struggle with legal compliance on this issue.

From interest rate movements to new disclosures and vendor management challenges, the recent Regional Conference of Mortgage Bankers Associations touched on myriad hot-button topics the mortgage industry faces this year.

Mortgage applications dropped for the second straight week as both purchase and refinance volume declined, according to data from the Mortgage Bankers Association.

Mortgage default rates remained largely unchanged in February amidst mixed results nationwide, according to data released by S&P Dow Jones Indices and Experian.

Mortgage lender outlooks improved during the first quarter of 2015, according to a new sentiment survey from government sponsored enterprise Fannie Mae.

An outage that crippled the Internal Revenue Service's ability to process 4506-T forms for nearly two weeks has been resolved, but the capacity constraints in the tax transcript service are an ongoing challenge for the mortgage industry.

Right now policy makers, industry participants and advocates are no doubt discussing how to remedy the housing industry's problems. Their discussions are based on assumptions that might not be correct.

Fortress Investment Group plans to cash out its entire stake in commercial mortgage banker Walker & Dunlop.

A new book by the American Enterprise Institute's Peter Wallison reveals how a government push to lower credit standards brought about the housing crisis — and why a new effort to expand homeownership could inadvertently set the stage for a fresh disaster.

The gap between rental costs and household incomes will continue to rise unless a new home supply ramps up, according to a study by the National Association of Realtors.