Correspondent

The Release of the Year Award recognizes a new software, platform, alliance or initiative that's expected to have the broadest future impact on the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.

Refinance volume may be waning, but lenders' reliance on consumer direct tools will only increase next year. Plus, the rise of mini-correspondents will keep the warehouse lending renaissance going strong in 2015.

Optical character recognition replaces a manual, error-prone process, but requires regularly testing and monitoring to get the most out of the technology.

The third and final part of this series tells how to establish a business model acceptable to the CFPB.

Part two of this three-part series covers what the Consumer Financial Protection Bureau wants to see from originators if they close loans in their own name.

The Consumer Financial Protection Bureau will be scrutinizing the new cadres of mini-correspondent lenders to make sure they aren't just "captive" arrangements to get around broker compensation rules.

Impac Mortgage Holdings lost $1.2 million this past quarter as total revenue declined by $4.6 million from the same period in 2013.

PennyMac Mortgage Investment Trust and its sister company, PennyMac Financial Services, reported a rise in quarterly profits.

Is the regulator is looking to ban this channel or providing a road map to lenders on how to do things properly?