Origination

Any validation of the property’s value must be revealed to the borrower.

The drop has boosted applications, but the consumer break on loan costs may not last.

A complaint was filed in federal court claiming CitiMortgage officials failed to apply the proper mortgage-amortization rate to loans of active-duty members of the U.S. military.

Federal investigators said traders may have conspired to rig rates or front-run the two firms in the interest-rate swaps market.

Dealing with other income when it comes to underwriting loans and proving the borrowers' ability to repay.

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Wells Fargo has a far larger purchase share than Bank of America, recent earnings show.

The grant will help rehabilitate or preserve more than 3,000 affordable housing units in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands.

Builders are concerned higher mortgage rates could dampen buyer interest.

Mortgage Fraud Examiners describes this program as a foreclosure rescue rip-off.