Origination

The risk of income application fraud rose 13% year over year in the second quarter, according to CoreLogic's predictive scoring of fraud incidence in an estimated 2.4 million mortgage applications.

Put your energy into developing a branch manager comp plan that is compliant. The alternative is simply not worth the risk.

The Senate Banking Committee has scheduled a hearing that will delve into the fundamentals of the private-label MBS market.

The refinancing boom for Federal Housing Administration lenders came to an end in July as loan production fell and purchase mortgage lending comprised over 60% of originations for the first time this year.

Strong investor appetite helped increase the nation’s outstanding commercial/multifamily mortgage debt by $24.5 billion in the second quarter.

The Federal Reserve System has released a written non-objection that gives TFS Financial Corp. the green light to resume its fourth stock repurchase program.

A DOJ complaint alleged that Southport Bank charged hundreds of African-American and Hispanic borrowers higher fees than white borrowers on wholesale mortgage loans.

Getting all of the financing pieces for affordable housing is difficult because nonprofit developers usually have to tap multiple sources of capital.

A former official at Bank of America Corp.’s Countrywide unit who filed a whistle-blower suit testified that in mid-2007, a unit of the lender created a business model that approved a home mortgage loan in 13 minutes.

The government-sponsored enterprises are leaving billions on the table by not going after deadbeat borrowers who may have the wherewithal to make good on their mortgages but failed to do so.