Originations

Changes to the Consumer Financial Protection Bureau's consumer complaint system could give lenders lots to gripe about if they don't prepare accordingly and be proactive, mortgage industry consulting firm STRATMOR Group said March 23.

Sales of previously owned homes fell short of a 5 million annual rate in February for a second month, showing an industry struggling to gain traction amid rising prices and a lack of inventory.

A new loan program will allow borrowers to put down even less than the 3% down payment mortgage programs to be offered by Fannie Mae and Freddie Mac. This move and others like it, while laudable, will no doubt ensure increasing default rates.

Bank of New York Mellon is building out a new investment firm with the mortgage specialist Amherst Holdings. The move is its second major commitment to a fixed income-related fund this year.

Lennar Corp., the second largest U.S. homebuilder, is raising its bet on rental housing as the pace of sales continues to drag.

The CFPB wants to expand banks' data reporting requirements under the Home Mortgage Disclosure Act. But this would impose even greater costs upon local financial institutions that are already overburdened by regulation.

The percentage of mortgage loans refinancing as part of the overall origination market continued to grow in February following January's blockbuster month, according to data released Wednesday by Ellie Mae.

The agency's interpretation of a Respa rule could put an end to the long-standing practice of mortgage lenders paying real estate agents and homebuilders to send business their way.

If successful, Provident Bank in Massachusetts and Cincinnati Federal in Ohio would become the first new mutual holding companies since 2011, giving some hope that the structure could make a comeback.

Lennar Corp., the second-largest U.S. homebuilder by revenue, reported fiscal first-quarter earnings that beat estimates as the year's busiest buying period gets under way.

Today's college students are the mortgage borrowers of the future. They'll expect mobile interactions with lenders, but engaging them with the technology can be trickier than building the perfect bracket.

Rather than just focusing on the deals that are in front of you, take time each day to work on business you want in six to 12 months.

Home prices fell in January while completed foreclosures grew month-to-month, according to figures released March 18 by mortgage technology firm FNC.

Housing markets across the West Coast once again beat out all others, according to the latest Home Value Forecast released March 18 by Pro Teck Valuation Services.

The amount of commercial and multifamily mortgage debt outstanding grew during the fourth quarter at the highest rate seen since 2007, surpassing the record high posted in the previous quarter, according to figures released by the Mortgage Bankers Association.

The U.S. Supreme Court Fair Labor and Standards Ruling will likely revitalize interest from the plaintiffs’ bar regarding FLSA claims against lenders, who continue to struggle with legal compliance on this issue.

From interest rate movements to new disclosures and vendor management challenges, the recent Regional Conference of Mortgage Bankers Associations touched on myriad hot-button topics the mortgage industry faces this year.

Mortgage applications dropped for the second straight week as both purchase and refinance volume declined, according to data from the Mortgage Bankers Association.

Mortgage lender outlooks improved during the first quarter of 2015, according to a new sentiment survey from government sponsored enterprise Fannie Mae.

An outage that crippled the Internal Revenue Service's ability to process 4506-T forms for nearly two weeks has been resolved, but the capacity constraints in the tax transcript service are an ongoing challenge for the mortgage industry.