Origination

Jose Alvarado used his control over three companies to falsify important facts given to financial institutions in order to secure loans totaling nearly $2.5 million.

The number of homeowners who received a permanent loan modification in the third quarter decreased from the prior quarter. Servicers also finalized fewer short sales.

The largest increases are in Detroit, Atlanta, Las Vegas and Orlando, according to Re/Max.

The San Francisco bank will be joining the MPF Xtra program next year.

The November timing for the deal is good because spreads on new issues have come in over the last 60 days.

The GSEs will be lenient when it comes to enforcing the QM rule’s 3% cap.

The ratings agency has replaced a government-insured mortgage-backed securities methodology it revised only two years ago implementing updates likely to be further revised in the future

The news of Pershing Square's investment in both companies resulted in other investors looking to cash in.

The filing of fraudulent mortgage applications is on the rise. On the surface, it appears as if risk mitigation solutions are not working properly. But vendors and even some lenders disagree.

Mortgage lenders, servicers and banks need to follow how court procedures for admitting evidence are updated when developing technology systems.