Originations

The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.

Remax, the real estate brokerage and mortgage broker franchisor of Motto Mortgage, rebounded from a year ago loss in a tough news cycle for both its businesses.

For the eighth consecutive quarter, ICE Mortgage Technology lost money on a GAAP basis. Using a pro forma calculation involving Black Knight, operating income increased from a year ago.

The Federal Housing Administration wants to allow part-time underwriters to guarantee loans in its FHA Title II forward and HECM programs.

Mortgage rates rose for the fifth consecutive week, to their highest level since August, although they remain more than a full percentage point lower than one year ago.

The government-sponsored enterprise's single-family loan purchases hit a high for the year, but benefits in other areas were lower than in comparable periods.

Drey Roberts and his team move to de novo warehouse lender Primis Bank as former home Independent Bank makes a strategic exit.

Eighty percent of respondents say their current mortgage payment is putting a strain on their personal finances, per a Transunion survey.

The government-sponsored enterprise reported its best quarter of the year in terms of net income as well as single family business acquired as rates fell to 6.08%.

Despite the increase, the index level remains historically low, going back more than two decades as many prospective buyers still await a decline in mortgage rates.

The refinance boomlet is over, but purchase activity is straggling along.

August's Corelogic S&P Case-Shiller Home Price Index was down 0.13% versus July, affected by tougher housing markets in the South and West.

The lawmaker said leadership on the House Financial Services Committee is supportive of the legislation, which would limit the ability of credit-reporting agencies to sell homebuyer information to financial service providers.

The REIT's Newrez arm suffered a servicing valuation hit, but reported gains across each of its origination channels.

Nearing the first anniversary of its acquisition of Roundpoint, the company is focusing on MSRs and will now be known simply as Two.

Freddie Mac also indicated that it will be proceeding with its closely watched second-lien pilot, while Fannie reported gains in serving credit invisible borrowers.

Neil Bader once headed up a company that was one of, if not the, largest mortgage brokerage in the 1990s. His career has covered the various shifts in how the business is done.

Positive feedback from participants in existing programs led to the decision to expand them in order to assist more lenders.

As it gets ready for more competition from VantageScore, the company also did not comment on reports of yet another impending price hike.

The capital markets platform will allow its investor clients to compare non-qualified mortgage rate sheets to their competitors for free.