Origination

The law requires those who deal with financial information to have safeguards in place to protect consumer data.

KB Home, the Los Angeles-based homebuilder, fell the most in a year and a half after reporting lower-than-expected quarterly earnings as the transition to a new mortgage partner delayed some deliveries.

Retail mortgage lender Guaranteed Rate has launched an encrypted, cloud-based platform that borrowers can use to transmit documents to loan officers.

A Wichita, Kan., man was sentenced to seven years and three months in federal prison without parole for his role in a $2.7 million mortgage fraud scheme.

A high percentage of Federal Housing Administration-insured loans are falling into the "higher priced" bucket due to a series of mortgage insurance hikes over the past several years.

Devising a risk mitigation plan — and the training and oversight necessary to implement it — requires lenders and servicers to conduct a scientific investigation into the policies, procedures and controls they already have in place.

New-home sales surged in August to the highest level in more than six years, a sign that the housing recovery is making progress.

The housing market was slightly less stable in July compared to the previous month, according to data released Wednesday by Freddie Mac.

In the coming months, banks, mortgage lenders, consumer advocates and policy wonks will be slicing and dicing the latest Home Mortgage Disclosure Act data, as they do every year. Rarely, if ever, have the stakes been higher.

Mortgage applications dropped last week as an increase in borrowing costs led to a decline in home refinancing.