Increasing immediate volume and preparing for future volume are drivers for a ramp up in LO hiring, mortgage lenders say. Recruiters warn, however, that operations professionals should also be hired to avoid bottlenecks in production.

Third-party origination operations are also going to Mr. Cooper in the $1.4 billion deal, in which the seller cited interest in improving its capital position.

Government data reports from June, though, point to an inauspicious start for new construction in the current quarter.

ACNB is acquiring Traditions Bancorp in an in-market deal where the latter's mortgage ops will add to its insurance and wealth management units.

The tool will streamline the LOs search for company mortgage offerings, guidelines and product-related questions, Guild said.

Test your knowledge of the biggest mortgage headlines, from international buying trends to NTRAPs. No. 2 pencil not required!

The Department of Housing and Urban Development and the Nationwide Multistate Licensing System also reportedly had disruptions.

The system update planned for July 20 will allow users to have one login to access all their NMLS accounts, among other modernization initiatives.

Rocket Mortgage relied on a biased appraisal when it denied a borrower's refinance application in Denver three years ago, the housing agency claims.

From changes in politics and policy to technology and industry trends, we share the biggest stories from the past few weeks.

Test your knowledge of the biggest mortgage headlines, from mortgage foreclosure timelines to CFPB proposals. No. 2 pencil not required!

United Wholesale Mortgage has introduced a product dubbed Govy125, a 125 basis points incentive on any note rate for VA IRRRLS and non-credit qualifying FHA streamlines.

A summary judgment from a Missouri district court denied the government from seeking federal damages for violations of the False Claims Act following alleged underwriting misconduct by the lender.

The REIT has decided not to sell any part of its business for now and has chosen to internalize its management, it announced Tuesday.

While cost cutting days are not over, mortgage lenders are emphasizing recruitment and retention, a Fannie Mae survey found.

Loandepot claims Melio's logo is too similar in style and sound to its real estate services platform Mello logo, in a recently filed complaint.

Test your knowledge of the biggest mortgage headlines, from corporate name changes to Fed Chair quotes. No. 2 pencil not required!

The bank acquired these business purpose non-qualified mortgage loans originated by Civic Financial Services in the PacWest Bancorp deal.

The U.S. 30-year yield reached the highest level in a month on Monday amid predictions that a Trump presidency would lead to higher inflation.

The New York Stock Exchange has suspended trading in the FOA warrants, although the common stock is still active on the board.