Origination

The settlement is part of CEO Brian Moynihan’s efforts to resolve liabilities tied to faulty mortgages that have cost the company at least $50 billion since the financial crisis.

The pool has a relatively high concentration of 11 hotel properties securing close to 21% of the allocated loan balance.

Alaska is the last on a very short list of states that have digitized 100% of their real estate and land inventories.

The legislation ensures growing communities won’t lose their eligibility for affordable government-backed mortgages.

The rebranded Arch Mortgage Insurance Co. is ready to start underwriting policies on loans from all originators, not just credit unions.

A Census Bureau reports shows little increase in first-time buyers.

Disparate impact alleged in Fair Housing Act complaints remains a high concern for mortgage originators as they enter the new era of the qualified mortgage.

The measure now goes to the House and an uncertain future.

Mortgage companies, including mortgage servicing and property preservation firms that invest in the wrong type of data drilling and search engine optimization tools, can be in big trouble.

James Lee Lankford orchestrated an 11-year mortgage fraud scam that looted elderly homeowners and lending institutions.