Originations

The bank plans to contact all customers who paid fees for rate lock extensions during a three-and-a-half-year period and to refund any who believe they should not have been charged.

Mortgage industry hiring and new job appointments for the week ending Sept. 29.

Stephen Sessler, the director of mortgage banking at the $4 billion-asset Camden National Bank, provides other lenders a peek at the benefits and pitfalls of digital mortgages.

The share of purchase and refinance loans originated by nonbanks are at their highest point since at least 1995, according to an analysis of new Home Mortgage Disclosure Act data.

Mortgage application activity decreased 0.5% from one week earlier as a decline in refinance volume was only partially offset by an increase in purchases.

Mortgage industry hiring and new job appointments for the week ending Sept. 22.

Despite an uptick in interest rates, refinance loans held steady in August and closing rates reached a new 2017 high.

Mortgage application activity decreased from one week earlier due to normal seasonal trends, according to the Mortgage Bankers Association.

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

The changes are aimed at aligning requirements with a new Consumer Financial Protection Bureau rule under the Home Mortgage Disclosure Act.

As mortgage rates dropped to new lows for the year, loan application volume increased from one week earlier, according to the Mortgage Bankers Association.

With interest rates lower than expected and existing-home prices driving demand, applications for new-home purchases grew in August.

Lima One Capital is expanding its single-family investor financing business by acquiring the residential debt business of the marketplace lender RealtyShares.

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

Mortgage refinancing applications were more than half of the volume for the first time since January, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Sept. 1.

Mortgage applications decreased 2.3% from one week ago, according to the Mortgage Bankers Association.

Wells Fargo forced borrowers to pay millions of dollars in fees to extend interest rate locks that expired due to the bank's delays in processing mortgage applications, a lawsuit claims.

Mortgage companies' average net gain on loans has returned to the four-digit range after dropping into the low three-digits after the federal election last year.

Signs are mounting that rising home values are starting to close the door for more Americans, threatening to temper the momentum in residential real estate.