Origination

The Chicago Federal Home Loan Bank reaches agreement with Redwood Trust so member institutions can sell loans to the private-label issuer.

An insurer tied to Apollo Global Management bought a stake in AmeriHome Mortgage Co., a lender taken over this year by a group including former Countrywide Financial Corp. executives, according to three people with knowledge of the investment.

Fidelity National Financial and First American Financial are pitching lenders additional technologies and services that complement their core title businesses. CoreLogic, by contrast, is diversifying its clientele beyond mortgages.

The CFPB believes that the answer to all of these problems lies in taking the paper completely out of the transaction and closing electronically.

Today, LinkedIn is the de facto standard to connect with other business executives on social media.

Mortgage rates rose for a second week, extending an increase in borrowing costs from an eight-month low.

A downpayment remains a high hurdle for consumers seeking mortgages. Lowering this hurdle increasingly seems in line with industry and regulatory goals—assuming borrowers don't default. There's the rub.

LenderLive Network is expanding its correspondent lending channel by offering to buy jumbo mortgages from members of the Independent Community Bankers of America.

A new trade group is making an effort to educate veterans about the lesser-known, low-downpayment, government-backed loan program, while the Department of Veterans Affairs works to clarify rules and recruit appraisers.

Some regional and large community banks are retaining more mortgages for investment because better-than-average deposit growth has given them extra cash they need to deploy. However, they are selective about which mortgages they keep.