Origination

TD Bank's first Consumer Borrowing Index found that only about half of Home Equity Line of Credit borrowers are using their loan for home improvements.

Consumer credit default rates rose slightly in October from the previous month. But even with the recent increases, these rates are still much lower than levels seen a year ago.

Experian said that the average nationwide credit score climbed 2 points from last year, to 666.

Everyone at the company needs to believe in the strategy and believe that they can be successful.

According to an independent poll commissioned by Discover Home Loans, 89% of homebuyers use some form of online technology during the process of purchasing a home.

The company will launch a nationwide branding campaign in the first quarter of next year.

Most lenders are said to be embracing the regulatory changes being made to the home equity conversion mortgage, but for Generation Mortgage those changes meant too much risk and lower margins.

Confidence among homebuilders rebounded in November as low interest rates and a strengthening job market helped boost sales.

The Obama administration is committed to reducing FHA premiums for borrowers who complete the housing counseling program.

In loan officers' efforts to show they can meet the needs of one set of millennials, they shouldn't forget about the other buyers that can be helped.