Origination

CoreLogic has introduced a new tool designed to deliver summaries of the assignment document chain mortgage servicers need to comply with federal regulators.

As most mortgage industry professionals are aware, the Federal Housing Administration recently increased its mortgage insurance premiums.

Customers Bancorp, which is led by veteran banker Jay Sidhu, announced it would acquire Acacia Federal Savings Bank from Ameritas Mutual Holding for $65 million in stock.

The S&P Case-Shiller house price index rose 1.3% in April for the first time since August.

National Mortgage News has won a Native American Journalists Association award for an editorial that took the administration and Congress to task for seesawing widely on the amount of money granted to tribes to support housing.

A loan officer for a Florida mortgage company was sentenced to more than four years in prison for pleading guilty to committing wire fraud in a $9.2 million mortgage fraud scam.

OK, one borrower wrote his lender he couldn't make his mortgage paymentbecause he'd been bitten by a spider. That can happen to anyone, right? But he didn't make his payment the second or third month, either.

Community bankers are looking longingly at construction loans’ relatively generous returns. What they are not seeing are the higher risk weightings that may soon go along with such assets.

The Federal Home Loan Bank of Boston is teaming up bank employees with student volunteers from Bike & Build, a nonprofit organization whose mission is to construct affordable housing across the nation through cross-country bicycle trips that benefit affordable housing developers.

It happens nearly every day in retail mortgage sales operations—a loan officer, underwriter, processor, closer and/or assistant gets what they feel is "the phone call from the customer from hell."