Originations

Top officials at the Internal Revenue Service met with mortgage industry groups this week to discuss possible fixes to the agency’s verification system, which lenders rely on to process mortgage loans.

Mortgage lenders are bracing for big delays in the processing of mortgage applications, citing a problem with the income verification system at the Internal Revenue Service.

Guaranteed Rate Inc. is the latest mortgage industry investment for Boston-based private equity firm Thomas H. Lee Partners LP.

Mortgage industry hiring and new job appointments for the week ending Dec. 15.

The share of new refinance mortgage applications reached its highest point since January, but overall activity fell compared with the previous week, according to the Mortgage Bankers Association.

The House Financial Services Committee, by a vote of 60-0, approved a bill amending key provisions of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

Mortgage applications for new home purchases increased by 12.2% in November from the same period a year ago, according to the Mortgage Bankers Association.

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.

Mortgage industry hiring and new job appointments for the week ending Dec. 8.

Mortgage application volume increased from one week earlier, driven by a boost in refinance activity, according to the Mortgage Bankers Association.