Underwriting

BOK Financial was victimized by the effect of rising interest rates in the fourth-quarter profit, as losses on the company's hedge positions resulted in a profit decline.

The Mortgage Industry Standards Maintenance Organization has extended the comment period on its proposed standard regarding the maintenance and sharing of commercial and multifamily rent-roll information.

Appraisal management companies must self-regulate their prices unless they want the government to do it for them.

Wells Fargo & Co. charged some homebuyers fees to extend promised interest rates when the bank failed to process their mortgage applications on time, ProPublica reported, citing four former employees from the Los Angeles area.

Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on a mix of higher fee income and lower credit costs.

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.

Mortgage interest rates dropped for the third consecutive week but remain higher than they were one year ago, according to Freddie Mac.

MGIC Investment Corp. reported net income of $107.5 million for the fourth quarter, an increase of nearly 5% over the $102.4 million earned in the same period of 2015.

Rising interest rates typically cause lenders to relax underwriting guidelines. The incoming administration promises to deregulate. Sounds like a combustible mix, but there's ample room to loosen credit without returning to the practices that caused the crisis.

The Justice Department claims the bank, which has received "satisfactory" ratings in its last four CRA exams, is failing to serve minority neighborhoods around Minneapolis.