Originations

The CFPB's guidance provides no specific rules or bright lines – leaving the agency the flexibility to call it how it sees it and reflecting a desire to regulate through enforcement.

Harbinger Group, a holding company in New York, has agreed to acquire a majority interest in CorAmerica Capital, a commercial real estate firm in Los Angeles.

“Under the terms of this settlement, the bank has admitted to its misdeeds in great detail,” U.S. Attorney General Eric Holder said.

The Consumer Financial Protection Bureau says brokers will have to comply with compensation limits even if they are funding loans via a warehouse line of credit.

Wells Fargo executives said they support federal regulators' effort to expand mortgage credit availability but cautioned that it will produce little benefit for the bank's, or the industry's, bottom line.

Bank of America Merrill Lynch priced an offering of bonds backed by the mortgage on the Intercontinental New York Times Square.

Radian Group and MGIC Investment Corp. are among mortgage insurers that would need to fill a financial gap under new financial-strength rules proposed by the Federal Housing Finance Agency.

Wolters Kluwer Financial Services will launch a suite of training tools to help lenders comply with the Consumer Financial Protection Bureau's new integrated mortgage disclosures.

SharperLending, which runs a platform where lenders order settlement services from vendors, now offers employment and income verifications through The Work Number.

Insurers would have two years to meet the tougher liquidity standards.

Whether it's the CFPB, a state regulator or a financial auditor coming to visit, here are some tips on getting your shop ready for the checkup.

Applications for loans to purchase newly constructed homes were down 5% in June from the month before, according to Mortgage Bankers Association data.

Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. won dismissal of lawsuits brought by the city of Miami claiming they flooded minority neighborhoods with predatory mortgages before the housing bubble burst.

Just because a group of athletes or loan officers are the most skilled individual players does not mean that together they make the most capable team, writes Garth Graham.

Churchill Mortgage has launched an employee training program that focuses on the housing needs of borrowers who are 18 to 34 years old.

Mortgage rates for 30-year loans rose for the first time in four weeks, increasing borrowing costs as job creation bolsters the housing recovery.

Julian Castro, who was confirmed as the new secretary for housing and urban development, is bound to face continued industry lobbying to lower premiums paid to the Federal Housing Administration.

New York banks have been worried that Mayor Bill de Blasio's plans for affordable housing would hurt multifamily lending. But two recent city political decisions have been favorable for banks, and some CEOs say they're hopeful now.

Lack of funding confidence is why many longtime mortgage professionals are jumping ship and hitching their wagons onto new companies.

Mortgage applications rose last week led by an uptick in purchases even as 30-year interest rates climbed.