Origination

Mortgage rates remained relatively stable for the week ending Oct. 11, but were up slightly from the all-time lows reached last week.

Bank of America Corp. chief executive officer Brian Moynihan will press on with a plan to cut more than 30,000 jobs as revenue stays flat.

The qualified residential mortgage rule that determines which privately issued mortgages are subject to risk retention has been on the regulatory backburner for months and may even be repealed.

The Federal Trade Commission is continuing a government crackdown on mortgage relief scams, filing three new lawsuits in different states this week.

Residential real estate markets across the U.S. are showing strong signs of improvement, according to the Federal Reserve's Beige Book.

After a legal battle that has spanned more than three years, DocMagic and Ellie Mae agreed to settlement terms to resolve allegations of violations of antitrust regulations, intellectual property rights and the terms of a software sharing agreement between the two mortgage technology vendors.

Some lenders are requiring appraisers to come up with as many as 8 to 10 comparable transactions, which is having a negative impact on sales.

Three mortgage trade groups in New Jersey and Pennsylvania are merging into a single organization to be called the Mid-Atlantic Association of Mortgage Bankers and Professionals.

Will President Obama make a political issue of the mortgage interest deduction?

The happiest professionals in all of mortgage banking today may very well be warehouse lending managers.