Origination

A federal judge has thwarted efforts by African-American consumers to proceed with a class-action lawsuit against Option One Mortgage.

We’re beginning to hear reports that some large megabanks are starting to lose residential loan officers to nonbanks.

Mortgage Builder is set to release the latest version of its loan origination system.

Does a borrower whose mortgage is underwater have an obligation to continue paying their monthly loans if they have the ability to do so? There are different viewpoints to this question.

Single-family housing starts jumped 5.5% in August to their highest level in more than two years with home building executives starting to feel good about their future.

Two former Sterling Financial mortgage loan officers sued the lender on claims that they are owed unpaid overtime.

Mortgage applications were just about flat for the week ending Sept. 14, but refinancings—thanks to the HARP program—are on the rise.

Sales of existing homes rose 2.5% in August on a nonseasonally adjusted basis, after falling 10% in July.

Lending to investors and second-home buyers rose 10% in 2011 while overall purchase money transactions fell 5%, according to new origination figures culled from Home Mortgage Disclosure Act reports.

The Office of the Comptroller of the Currency issued new guidance to federally chartered banks and thrifts that are lending money to investors who buy real estate owned with the idea of turning those units into rentals.