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While put-backs and litigation risk are widely recognized as factors that have contributed to tight credit conditions, another factor high servicing costs for nonperforming loans is being overlooked.
January 15 -
Mortgage rates fell for a second week, holding at the lowest level in more than a year and a half, as declining financing costs boost loan demand.
January 15 -
The Green Lender Award acknowledges a lender that uses technology to promote sustainable and environmentally conscious business practices in the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.
January 15 -
The Supreme Court has denied an appeal from several banks regarding a lawsuit filed by NCUA concerning the sale of mortgage-backed securities that contributed to the failure of two corporate credit unions more than seven years ago.
January 14 -
A federal agency's plan to tighten membership rules for Federal Home Loan banks would hurt community banks and credit unions and could endanger the financial system, according to a broad array of stakeholders, including state regulators, lawmakers and institutions.
January 14 -
Wells Fargo saw more of its origination volume come from refinancings, while JPMorgan Chase continues to rebuild its correspondent channel, the banks said in their fourth-quarter results.
January 14 -
Mortgage application volume experienced the largest week-over-week gain in more than six years, but despite the FHA's announced cuts to insurance premiums, interest in conventional loans was greater.
January 14 -
Take one day to commit to finishing each and every item on your to do list, instead of just rolling things over to the next day.
January 14 -
Two Harbors' first residential mortgage securitization of the year doesn't exactly break any new ground.
January 14 -
Jane Fraser, the CEO of CitiMortgage and head of Citigroup's U.S. consumer and commercial banking units, is handing responsibility for day-to-day global mortgage operations to her current mortgage lieutenant, CD Davies.
January 13












