Origination

The new master policy rules affects the relationship with the mortgage lender.

Platinum Data Solutions has completed an initial round of accuracy testing on the 18 automated valuation models that it resells to lenders and servicers.

The Community Home Lenders Association is concerned the high fees will be more of a drag on home purchase volume as interest rates rise.

Prospect Mortgage entered a $3.1 million settlement with California regulators for overcharging mortgage borrowers per diem interest over a seven-year period.

Thousands of lenders post oceans of data each year to meet Home Mortgage Disclosure Act obligations. There may be more reporting requirements coming. Will the value of the new transparency outweigh the added compliance burden to lenders?

This tops a previous bid for the parent of mortgage warehouse provider Southwest Securities by $1 per share.

A jury found a particular loan officer was exempt from minimum wage/overtime requirements because her work involved "outside sales," but the case's decision fails to broadly apply to all LOs.

Confidence among homebuilders plunged in February by the most on record as bad weather limited prospective buyer traffic and depressed sales.

Ben Anderson is the early leader among survey respondents, with volume of $201 million in 2013.

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