Origination

Regions Financial's second-quarter earnings spiked as the Birmingham, Ala., company managed to reduce expenses and problem loans.

New York Community Bancorp Inc. earned $58 million from its mortgage banking division in the second quarter, a handsome 66% gain from the prior quarter, and an almost fourfold increase from the same period a year ago.

Up until a year ago, I had never considered using video as a way to communicate with the thousands of loan officers and real estate agents I connect with on a monthly basis.

Wells Fargo was the nation’s largest wholesaler in the first quarter with a market share of almost 15%, but wholesale accounts for just 5% of its overall business.

Although there still are risks to be accounted for, Wayne Tew believes this is a good time to be in the mortgage business.

A bipartisan bill that would permit regulators to grant federal charters to nonbank consumer lenders is being met with fierce resistance.

CO-OP Member Center is partnering with LenderLive Network to provide credit unions with mortgage outsourcing services.

The acquisition consists of 51 performing, subperforming and nonperforming notes secured by various commercial real estate and various assets located in Dade, Broward and Palm Beach Counties in Florida.

The California attorney general said three business owners who ran a national loan modification scam for over a year have to pay a least $4 million in restitution.

Hudson City Bancorp plans to sell more of its production into the secondary market going forward.