Origination

Keeping up with the growth in North Dakota means adding employees—and creates the surprising headache of having to buy them housing so they can afford to move there.

The committee has yet to issue a formal agenda for the next Congress, but a spokesman said that oversight of the Dodd-Frank law and other issues like mortgage finance reform will probably top the agenda, much like last year.

A group of community activists called on the Office of the Comptroller of the Currency Tuesday to give Wells Fargo a failing grade on its upcoming Community Reinvestment Act examination, citing its lending practices in minority communities and a "usurious" payday-like loan product.

If you don't give a refinance applicant this notice, you could be sued.

The fiscal year 2012 actuarial report shows that Federal Housing Administration loans originated in FY 2003 through FY 2009 continued to deteriorate in terms of their cumulative claim rates.

The average 30-year mortgage rate set another record as it slid three basis points to 3.31% in Freddie Mac’s latest weekly survey.

Wells Fargo & Co., the biggest U.S. home lender, must face a lawsuit that accuses the bank of overcharging veterans under a federal loan-refinancing program.

U.S. banks that have been earning record profits from home loans are adding or transferring thousands of staff to catch up with demand for refinancing after shortages blocked homeowners from getting lower rates.

Mortgage application volume decreased by 2.2% on a seasonally adjusted basis for the week ended Nov. 16, according to the Mortgage Bankers Association, as rates ticked upwards for the period.

I have created a contract which spells out the duties and responsibilities of my new assistant.