Origination

Bank of America boosted home-loan volume 57% in the year through March by selling more products to existing customers.

CU/America Financial Services has signed with Scottsdale, Ariz.-based CU Realty Services to offer the company’s real estate program to credit unions throughout Illinois.

Amegy Mortgage Co., is now using Data Select’s Construction Loan Control System software for its construction loan portfolio, including for one-time close construction and lot loans.

The Community Mortgage Lenders of America is urging legislators to pass a bill that would exempt small lenders from the Basel III capital rules, Consumer Financial Protection Bureau servicing rules and other provisions of the Dodd-Frank Act.

Walter Investment Management Corp. has obtained a secured term loan for $200 million and borrowed the entire amount on June 6, a recent 8-k filing obtained via DisclosureNet.com reveals.

The need for affordable housing funding is getting more critical, according to the president of the Federal Home Loan Bank of New York, especially lately when there are fewer and fewer funds from government for housing.

Deciding what types of renovations positively impact property values may not be as evident as it seems, according to the Appraisal Institute.

As the mortgage market changes from a refinance market to a purchase market over the next several months, a shift in fraud risk trends will take place during this time that lenders need to be aware of.

The CFPB's mission to protect consumers is a "great one," but the "problem" is how the new regulator is going about its business, said Michael Benoit a partner with Hudson Cook LLP.

Bank of America's recent attempts to get some existing mortgage customers to refinance sounds eerily like a sales pitch from the bubble days of 2005.