Origination

Bank of America Corp. disclosed new probes into its mortgage and foreign-exchange businesses and boosted an estimate of potential legal losses by 20% to $6 billion.

Purchases of new homes unexpectedly climbed in January to the highest level in more than five years, showing underlying strength in the industry even in the midst of unusually harsh weather.

Purchase applications reached their lowest level since 1995 last week, as the index decreased 4% from the previous week.

In the FDIC's fourth-quarter earnings report, the agency said loan buybacks fell to their lowest level in five years.

The new rules are causing originator sales paralysis because of their complexity.

The fate of a measure that provided key tax relief to distressed homeowners is hanging in the balance as Congress debates a larger package of tax extenders.

A founding executive of the upstart company is leaving his post as executive vice president.

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.