Origination

Mortgage rates fell for a fifth week, reducing borrowing costs as home-price gains slow.

One of the most difficult conversions for lenders to accomplish is turning a past customer into a future customer.

The head of a California mortgage lender who perpetrated a $5.3 million mortgage fraud scheme against Ally Financial will serve more than four years in prison.

The Consumer Financial Protection Bureau fined RealtySouth, Alabama’s largest real estate firm, $500,000 for allegedly steering consumers to an affiliated title services company.

Much has been made of how Basel III requirements have dulled banks' appetite for mortgage servicing rights, but a handful of institutions are buying within regulatory limits.

Ellie Mae, the mortgage technology vendor, has hired 20-year industry veteran Harry Gardner as vice president of electronic strategies.

United Bank of Glastonbury, Conn., has hired three experienced former Bank of America mortgage bankers in West Springfield, Mass.

Retail single-family mortgage originations by banks and thrifts fell in the first quarter to the lowest point in six years while profits from their mortgage businesses dropped to 2011 levels.

Toll Brothers reported fiscal second-quarter profit that more than doubled as the company increased prices and delivered more properties.

Mortgage applications dipped slightly for the week ending May 23 compared with the previous week, according to the Mortgage Bankers Association.