Originations

Joseph Tomkinson, who first pared down and then rebuilt Impac Mortgage Holdings in the aftermath of the housing crisis, is stepping down as the company's chairman and CEO.

The share of mortgage refinance applications dropped to its lowest level in nearly 10 years as interest rates continued to climb.

From mixed messages about enforcement to complexities about which loans have to be reported, here's a look at five pitfalls to avoid when adjusting to the new HMDA compliance requirements.

Issuance of Ginnie Mae securities backed by reverse mortgages rose above $1 billion for the second time in two years, according to the government agency's latest monthly report.

Mortgage industry hiring and new job appointments for the week ending March 16.

Continued increases in mortgage rates caused the refinance loan application share to fall to its lowest level since September 2008, according to the Mortgage Bankers Association.

Community banks and consumer advocates are clashing over a provision in the Senate banking bill on mortgage data reporting, but there’s been little vetting of what the measure would actually do.

February's volume of mortgage loan applications for newly constructed homes rose both year-over-year and month-to-month, continuing the momentum from a surprisingly strong showing in January.

Financial data and analytics company FinLocker has gained the approval of a second patent supporting its digital vault functionality.

Chicago-based mortgage lender Guaranteed Rate has laid off about 180 employees around the country — including about 30 in Chicago — after the amount of new mortgage loans the company funded dipped in 2017.

Mortgage industry hiring and new job appointments for the week ending March 9.

Mortgage settlement software provider Qualia is getting a new $33 million round of funding that it will use to expand into additional U.S. markets.

Mortgage application activity increased slightly from one week earlier even as the rate for the 30-year conforming loan rose to its highest level in four years.

Foreign inflows are distorting Canada's already constrained housing market and aren't the kind of investment the country needs, the chief executive officer of Royal Bank of Canada said.

Brian Hale, the former head of Stearns Lending, will be leading a new financial services unit at William Lyon Homes that encompasses two joint ventures the builder has with mortgage companies.

Mortgage industry hiring and new job appointments for the week ending March 2.

The new Federal Reserve Board chairman's testimony in Congress was the driver of this week's mortgage rate increase, according to Freddie Mac.

Higher levels of purchase activity even with rising interest rates drove the increase in mortgage applications compared with one week earlier.

In a move designed to recruit and retain high-quality origination staff and fuel its expansion plans, USA Mortgage is turning over 100% control of the St. Louis-based nonbank lender to its workers through an employee stock ownership plan.

Mortgage industry hiring and new job appointments for the week ending Feb. 23.