Origination

KeyCorp has been getting back into full-scale residential lending as part of a broader strategy to deepen client relationships. The market's shift toward purchase activity and defined mortgage rules also played a role.

Lenders should carefully evaluate their business practices and the importance of an actual pre-approval process in the context of their operations.

The recent delay of new HECM rules is a reprieve for lenders scrambling to implement training and systems updates ahead of the original deadline. But it's also prompted questions about a key technology used by the reverse mortgage industry.

MGIC Investment Corp. saw its inventory of delinquent loans resume its reduction in February after growing the month prior.

Consumer sentiment towards receiving a mortgage and the direction of the overall economy reached new highs in February, according to a Fannie Mae survey.

The three leading U.S. consumer credit reporting agencies agreed to make sweeping changes to correct errors and improve accuracy of reports as well as to increase protection for consumers with medical debt.

CertusHoldings in Greenville, S.C., has agreed to sell its small business finance unit to BankUnited in Miami Lakes, Fla.

Despite an increase in housing affordability, both first-time and repeat foreclosure starts reached 12-month highs in January, according to Black Knight Financial Services.

Unless we are willing to consider housing policies that reflect the economic conditions young adults in this country are actually facing, we will never solve the problems in U.S. housing markets.

Nonbank mortgage lenders cut 6,000 jobs in January, erasing four months of job growth in the sector, the Bureau of Labor Statistics said Friday.