Origination

Reverse mortgage borrowers will have more options for tapping the equity in their homes without depleting all their equity in one transaction.

JPMorgan Chase agreed to pay $18.3 million to settle claims that its Bear Stearns Cos. unit failed to disclose the actual interest rates on adjustable-rate mortgage documents.

Barry Habib, chief market strategist for Residential Finance, examines the Mortgage Bankers Association Purchase Applications index as well as the July CoreLogic home price report.

Genworth Financial has added two new executives to the management team at its U.S. mortgage insurance subsidiary.

Australian billionaire James Packer bought 9.4% of Zillow Inc., becoming the second-biggest shareholder in the U.S. real estate website.

The premium buyers are paying for newly constructed houses is abnormally high.

The subset of Home Affordable Refinance Program applications for the week hit 38%, up three percentage points from the prior week.

KBW expects earnings to trough in 2014 and grow strongly starting in 2015 driven by the ongoing recovery in the home purchase market.

The American Bankers Association has endorsed SunTrust Mortgage to offer ABA members an outlet to sell mortgage loans on advantaged terms.

Residential mortgage lender Cobalt Mortgage, Kirkland, Wash., has opened a new branch in Bellingham, its 19th office in the state.