Originations

SIFMA members are also concerned about risk retention and GSE reform, according to the group’s EVP.

The changes will aid Flagstar in aligning its infrastructure with the current business environment, specifically the status of the mortgage origination market.

The technology provider adds a customer relationship management system to its platform.

Home value acceleration and residential real estate appreciation continued to steadily improve for the sixth consecutive quarter.

Some of the nation’s largest servicers have signed up with Hope LoanPort to facilitate the collection of pre-populated IRS 4506-T forms, which contain homeowner information crucial to a workout.

The company reaches an agreement to sell to Fannie Mae $10 billion of mortgage servicing rights.

Craig Schrank, a producing manager at Willow Bend Mortgage, believes that is what makes the advantage in an otherwise level playing field.

Builders remain confident about the sales outlook for 2014.

The AG’s complaint says the defendants identified abandoned residential properties in which they filed for adverse possession of the housing units in court to obtain title.

Any validation of the property’s value must be revealed to the borrower.

The drop has boosted applications, but the consumer break on loan costs may not last.

A complaint was filed in federal court claiming CitiMortgage officials failed to apply the proper mortgage-amortization rate to loans of active-duty members of the U.S. military.

Federal investigators said traders may have conspired to rig rates or front-run the two firms in the interest-rate swaps market.

Dealing with other income when it comes to underwriting loans and proving the borrowers' ability to repay.

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Wells Fargo has a far larger purchase share than Bank of America, recent earnings show.

The grant will help rehabilitate or preserve more than 3,000 affordable housing units in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands.

Builders are concerned higher mortgage rates could dampen buyer interest.

Mortgage Fraud Examiners describes this program as a foreclosure rescue rip-off.

Many welcome additional lending as a sign of a recovering economy. But some of it is being done with looser underwriting.