Origination

Of the 17 Mortgage Industry Equity Composite members, 15 closed lower and 13 had a loss of greater than 1%.

FeatherStone Investment Group has begun underwriting and structuring its first rental income securitization.

BNY Mellon Wealth Management is rolling out a two-year recruiting campaign that aims to double its wealth management sales force.

In the past two weeks I have written about how critical it is for mortgage companies to have an effective customer satisfaction measurement program.

Deirdre Daly, acting U.S. attorney for the District of Connecticut, said Daniel Monterio waived his right to indictment and pleaded guilty to one count of conspiracy to commit bank fraud, wire fraud and money laundering

Stonegate Mortgage has sold $115 million of its common stock in a private offering, with the initial purchaser being FBR Capital Markets.

Recent decreases in first-mortgage default rates are contributing to continuous improvements in the financial condition of most U.S. consumers.

Mortgage lenders are still nervous about put-back risk and unresolved regulatory issues, which is holding back the lending and the housing recovery.

Year-over-year Illinois home sales increased 25.3% in April marking the best spring performance since 2007.

Toll Brothers reported fiscal second-quarter earnings that beat analyst estimates as demand jumped and orders reached the highest level in seven years.