Originations

Production costs reached a high as secondary-market loan sale margins continued to decline.

The class action complaint comes after U.S. senators called on regulators to investigate the bank’s alleged treatment of minority homeowners.

Leaders with the top-ranked lenders discuss strategies for keeping their employees engaged as the industry adjusts to rapid changes.

Shrinking inventory of homes for sale and higher demand motivated by rising mortgage rates spurred buyers into action, the company found.

The Soquel, California mortgage broker will retain its current branding for the time being.

The effect is likely to be felt in consumer debt burdens and application misrepresentations, industry leaders say.

The company claims its digital registry system is a faster, safer alternative to MERS databases

The creation of single- and multifamily inventory occurred at the fastest pace seen since 2006 in February, but housing market transactions slowed as rates rose.

As the rising rates shrink the number of potential customers, mortgage brokers are seeking these products in order to keep business up.

Purchases increased, but refinance activity cooled again due to rising rates.