Origination

According to the DOJ’s investigation, SunTrust violated the Fair Housing Act and Equal Credit Opportunity Act by charging more than 20,000 African American and Hispanic borrowers higher fees and interest rates based on their race and not on borrower risk.

How many houses would be built if it cost $1 million apiece to build modest single-family homes?

Businesses went knocking on banks' doors to ask for more loans over the past few months, boosting optimism that demand would continue to rise in the coming year.

The approaching hurricane season could damage roughly four million residential properties whose estimated value exceeds $700 billion.

New figures compiled by the National Mortgage Licensing System show a wide difference between the operations of state-licensed mortgage companies and depository mortgage lenders.

The interest rate on a 30-year fixed-rate loan fell to 3.67% for the week ending June 7, an eight basis point decline from seven days earlier.

Being flat on your back for a couple of weeks gives you a lot of time to observe things, especially when it comes to marketing.

GMH Mortgage Services hired industry veteran Karen Bausman as its new president.

Is the Consumer Financial Protection Bureau lost when it comes to reengineering how loan officers and brokers can make a living? The words “confused” and “disorganized” are being used to describe the agency’s recent meetings with 17 professionals representing the “small” lending part of the industry.

The Consumer Financial Protection Bureau on Thursday will hold a second conference within two days with 17 small lender participants who are slated to give the agency commentary regarding its controversial mortgage compensation rule.