Origination

Loan closing delays caused by the attack have forced lenders to pay for rate lock extensions and hedging losses, while home closings funded by purchase mortgages have also been delayed.

Home prices rose year-over-year in February for the 24th consecutive month, according to a new report from CoreLogic.

Ellie Mae Inc., the provider of software used by lenders to make home loans, said a technical breakdown this week has prevented some mortgages from closing.

The industry-supported proposal survives the negotiations for the state budget.

The tax provision would help distressed homeowners seeking workouts and short sales from being penalized by the IRS.

Regulators are going against Congressional intent in their latest "qualified residential mortgage" proposal, former Rep. Barney Frank said.

As mortgage interest rates rise and fewer prime borrowers are in the market to refinance, lenders are starting to loosen credit standards again, years after the housing crisis sparked a flight to quality. But amid growing compliance requirements and increased regulatory scrutiny, will this time be different?

Willow Bend Mortgage's Craig Schrank ranked No. 77 in the fifth annual Top Originators Survey. As we count down this year's top originators, check out the other loan officers who made the cut in the latest installment of the list!

The Federal Home Loan Banks' Office of Finance said members are borrowing more, yet net income for the system fell from the previous year.

Freddie Mac began offering the deals last year with the goal of sharing more risk with the private sector at the direction of its regulator.