Origination

Carrington Mortgage Services appointed Harold Michaud as area manager for Northern California.

Jumbo mortgages currently are yielding less than agency loans, and there are other anomalies you can see in the business if you look closely.

Private issuers need certainty to create a new secondary mortgage market, MBA and SIFMA officials say.

Home prices climbed at a slower pace in the year through December, indicating the market is entering a new stage that will help sustain further progress.

JPMorgan Chase said it would eliminate about 8,000 jobs in the consumer and mortgage banking units this year as demand for refinancings declines.

The company plans to eliminate 22 of its 37 mortgage products and programs by the end of the year.

The Consumer Financial Protection Bureau levied a $83,000 civil money penalty on Monday against Connecticut-based First Alliance Lending, a specialty firm that focuses on providing loss-mitigation financing to distressed borrowers.

It has to do with the visibility and prominence of your company when consumers conduct online searches.

Bitter weather, the qualified mortgage rule's restrictive guidelines and the lingering effects of the foreclosure crisis have put a crimp in homebuying at an inopportune time for lenders.

Prospect Mortgage did everything right to defend itself against overtime and minimum wage claims from salespeople, though some industry attorneys caution the rulings in its favor may have limited applicability.