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Lyle Gramley, the former chief economist of the Mortgage Bankers Association who prior to that was a Federal Reserve governor who helped battle a recession and inflation of more than 10% during Pres. Ronald Reagan's first term in the 1980s, has died. He was 88.

Mortgage professional hiring and new job appointments for the week ending March 20.

Wells Fargo is partnering with the National League of Cities to offer a webinar designed to mitigate foreclosures to the general public.

Mortgage professional hiring and new job appointments for the week ending March 13.

The Federal Reserve will not raise rates in June, while mortgage rates could fall this year as the dollar gets stronger and oil prices remain low, mortgage industry consultant Barry Habib said at a mortgage conference.

Fannie Mae selected a chief internal auditor with an "inherent conflict of interest" and the mortgage giant's process for filling the position was faulty, according to a watchdog report to be released Wednesday.

KeyCorp has been getting back into full-scale residential lending as part of a broader strategy to deepen client relationships. The market's shift toward purchase activity and defined mortgage rules also played a role.

The recent delay of new HECM rules is a reprieve for lenders scrambling to implement training and systems updates ahead of the original deadline. But it's also prompted questions about a key technology used by the reverse mortgage industry.

Nonbank mortgage lenders cut 6,000 jobs in January, erasing four months of job growth in the sector, the Bureau of Labor Statistics said Friday.