Origination

The accusations against Nutter Home Loans, like an earlier settlement with the Department of Housing and Urban Development, center on concerns related to FHA-insured reverse mortgages. The company "strongly disputes" them.

Pending home sales rose more than expected in August, reaching the highest level on record as low mortgage rates fuel a housing rally.

The Mortgage Industry Standards Maintenance Organization drew up the recommended wording in consultation with a group of lenders and investors after the passage of the Taxpayers First Act last year.

Mortgage applications decreased 4.8% from one week earlier, as refinance activity was down even as average rates fell to a new record low, according to the Mortgage Bankers Association.

The automated closing disclosures software aims to be "40% faster than the 'old fashioned' method," a company spokesman said.

Home prices around Seattle rose faster than in any city in the country, save Phoenix, for the sixth consecutive month in midsummer.

Through Operation Corrupt Collector, the bureau is coordinating with over 50 other state and federal agencies to target firms for wrongdoing and inform consumers of their rights

Approximately 75% of the quarter-to-quarter growth came from multifamily mortgage originations.

Home prices in 20 U.S. cities gained in July, pushed higher by demand for housing that has been fueled by low mortgage rates.

The red-hot market for existing single-family homes in the Bradenton, Fla., area got even hotter in August with median prices jumping by 13.6%, compared to the same month a year ago, to a record $360,000.