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United Housing Services America has released the latest version of its mortgage pre-funding and post-closing quality control software.

B of A mortgage strategists are concerned these underserved borrowers will keep housing market activity at "anemic levels."

MountainView Management Co. plans to buy nonprime mortgages made to borrowers with credit scores in the mid to low-600s, maximum 80% loan-to-value ratios and balances as high as $2.5 million.

Federal Home Loans Banks officials and others want more time to evaluate and comment on a Federal Housing Finance Agency proposal to restrict FHLB membership.

Recent regulatory settlements have made it abundantly clear that medical records are off-limits to lenders trying to verify the incomes of mortgage applicants on long-term disability.

According to Treasury Secretary Jacob Lew and many other others, the moribund market for private-label residential mortgage-backed securities needs reviving.

Deutsche Bank officials have received the go-ahead to finance U.S. home lenders, something it has not done since the financial crisis. The bank's plan is to finance a small, but potentially much larger, mortgage segment that falls outside government standards.

Hiring in the mortgage industry slowed in August, as small lenders added just a few hundred workers to their payrolls, but still managed to increase their headcount for the fourth month in a row.

Fannie Mae and Freddie Mac investors are turning their focus to an appeal and multiple pending lawsuits after a federal judge rejected their bid for a share of the companies' profits.

It might be time for the industry to consider a "less is more" view when it comes to offering consumers mortgage product options.