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Bank of America's first-mortgage originations increased 23% over the third quarter of 2015, as rates remained near record lows throughout the summer.
October 17 -
A leader who surrounds herself with diverse thought and talent, Nikki Groff of Wallick & Volk Mortgage Bankers, formed a team that helped propel her to Top Producer status from a small Arizona town.
October 14 -
Wells Fargo & Co., the lender whose chief executive officer stepped down this week amid a scandal in its branch network, posted a third-quarter profit that beat analysts' estimates as loan-loss provisions improved and revenue from mortgage banking increased.
October 14 -
Franklin Codel, Wells Fargo's head of mortgage, will now oversee all consumer lending as part of a management shakeup that comes amid the bank's fake account scandal.
October 13 -
Nonbank lenders and brokers added 900 employees to their payrolls in August as home sales slowed.
October 7 -
Converting millennials from renters to homeowners is proving difficult, but here are steps lenders can take to get this generation on board with buying.
October 5Vantage Production -
The Federal Reserve's mishandling of monetary policy in the 1970s opened the door to questionable products for unqualified borrowers, setting the stage for the housing crisis 30 years later.
October 3 -
Borrowers who go through a sour mortgage experience often leave poor business reviews online and move on with their lives. Houtan Hormozian decided to become a loan officer and give his clients the service and experience that he didn't get to have.
September 30 -
Multichannel loan origination system provider OpenClose has added a rate sheet generator to its product and pricing engine.
September 30 -
Community bankers are showing renewed interest in consumer lending but admit they may be losing ground to more tech-savvy players, according to a survey released Thursday.
September 29