Economy

Origin Bank in Addison, Texas, has begun offering warehouse financing for electronic mortgages.

In hindsight, the U.S. Treasury's support of Fannie Mae and Freddie Mac was structured in a way that proved to be counterproductive.

Walter Investment Management Corp. has agreed to sell Green Tree Insurance Agency to a wholly owned subsidiary of insurance company Assurant.

F&M Bank Corp. in Timberville, Va., has acquired Valley Southern Title in Harrisonburg, Va.

The Senate Banking Committee will have six fresh faces in the new Congress as Republicans grapple with a slimmer majority.

Freddie Mac obtained one final new insurance policy under its Agency Credit Insurance Structure program in 2016.

The Office of the Comptroller of the Currency’s decision to offer a special-purpose charter for fintech firms may entice more players than expected, including mortgage lenders.

Late payments on securitized commercial mortgages climbed sharply in December to a 14-month high, led by office buildings.

Home values continued to climb in November, but in 2017 price appreciation is likely to slow due to rising interest rates, according to CoreLogic.

Kenneth Mahon, the new CEO of Dime Community Bank, wants to reduce the 152-year-old institution's multifamily exposure by diversifying into other asset classes. But finding new business amid already fierce competition could be an immense challenge for Dime — and other community banks — in 2017.

This was a year of shocks and surprises, including a multimillion-dollar verdict after one lender sued another, regulations putting a lender out of business, Brexit driving rates down and Donald Trump's election pushing them back up. Here are 10 events and trends from 2016 that changed the industry.

The Rural Housing Service is expanding its manufactured housing loan guarantee program to include more refinancings of used or existing manufactured homes.

The commercial-and-industrial loan space is overheated and higher rates could stifle mortgage refinancings. Bankers could be fighting these fires and more in the new year.

Some of the most popular contributors to National Mortgage News' Voices community weigh in on what they see coming in the next year for origination, servicing, technology and regulation.

PHH is selling its remaining residential mortgage servicing portfolio to the real estate investment trust New Residential.

From selling servicing rights along with the loans to issuing private-label securities, a host of strategies from the past could return to the market as a result of the new political climate and interest rate environment.

Mortgage rates moved higher, closing the year with nine consecutive weeks of increases, according to Freddie Mac.

The Department of Justice has agreed to a settlement with a pair of Cincinnati banks accused of redlining African-American neighborhoods in four cities in Ohio and Indiana.

Fannie Mae's Day 1 Certainty initiative and automated verification tools at Freddie Mac are set to improve mortgage loan application defect and misrepresentation risk in 2017, according to a report from First American Financial Corp.

Proponents of "recap and release" misread the political risks and the depth of interest that key lawmakers have in determining the long-term future of Fannie Mae and Freddie Mac.