Origination

Arizona has revised its education requirements while Virginia has introduced a new category of loan officer.

Taylor Capital in Chicago is no longer looking to sell its mortgage banking operation.

HSH.com, a New Jersey-based publisher of consumer loan information, released an online tool to help consumers calculate the cost of a mortgage.

Atare Agbamu promised his elderly clients that reverse mortgages were regulated to protect them and their spouses and heirs. Then he came across a HUD letter to lenders indicating otherwise.

PHH Corp. swung to a net loss in the first quarter, driven by losses in the mortgage banking business that it is considering selling.

The regulator's Office of the Inspector General says it should have issued formal guidance to Fannie and Freddie over their dealings with the MIs.

GoLoansOnline.com, a Houston-based mortgage lead generator, will pay $225,000 to settle Federal Trade Commission charges that it deceived consumers about the terms of their loans.

The government-sponsored enterprises remain profitable, but executives are raising fresh concerns about their ability to withstand a recession because of restrictions on raising capital.

Mortgage credit availability dipped slightly in April, even while lending standards loosened for large adjustable-rate loans, according to an index published by the Mortgage Bankers Association.

Proposed reforms for Freddie Mac and Fannie Mae seem to be bogged down in the House and Senate. It might be time for legislators to start thinking about different solutions.