Origination

A recent settlement that also orders mortgage debt collection procedure changes may give another boost to already intense federal efforts to prevent unlawful practices and change the industry.

The Consumer Financial Protection Bureau's crackdown on Castle & Cooke Mortgage is the first in what could be a string of enforcement actions against mortgage originators for allegedly failing to follow new loan officer compensation rules.

Rising rates do have an impact on most commercial real estate lending.

The biggest compliance issues credit unions will face in the next 12 months relate to every step of the mortgage process.

One analyst predicts a slow and gradual rise in interest rates in the remainder of the year, accompanied by a marked increase in mortgage lending.

A 21-unit condominium is looking for a financing source on the Mortgage Grapevine because it does not meet the conforming sources’ 10% ownership threshold.

Carrington Mortgage Services has begun offering USDA loans through its retail and wholesale lending operations.

The June pending home sales report has to be taken with a grain of salt because some of the activity is from individuals jumping in with the perception that rates were on the rise and they wanted to get in while the getting was good.

As FHA mortgage insurance protection has changed, it has pushed some mortgages into the "higher priced" category.

We're hearing that in the wake of the financial crisis traditional advertising and marketing messages from the banking industry may be falling on deaf ears.