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The deal includes about 250 correspondent relationships accounting for more than $7 billion of annual agency and governmental residential mortgage loan production.
February 6 -
Renovate America, one of the largest providers of Property Assessed Clean Energy loans, is expanding into unsecured lending.
February 6 -
Home improvement lender EnerBank USA expects half of its loans will be originated on the app it built in-house, which promises near-instant approvals.
February 3 -
Mortgage interest rates held steady after rising last week because of weaker-than-expected gross domestic product numbers, according to Freddie Mac.
February 2 -
The title insurance business of Fidelity National Financial earned $231 million in the fourth quarter, up 60% year over year.
February 1 -
A shortage of appraisers, combined with soaring demand for housing, is causing lengthy delays in Seattle and surrounding markets.
January 27 -
Jefferies Group has added a third lender to its latest securitization of a mortgage warehouse facility.
January 27 -
Old Republic International's title insurance business had a 78% year-over-year increase in fourth-quarter net income, as net premiums earned were up by 13% and claims costs declined by 86%.
January 26 -
Mortgage interest rates increased for the first time in 2017, ending a run of three weeks where they were down, according to Freddie Mac.
January 26 -
A pair of Long Island, N.Y., residents admitted to defrauding a Rochester, N.Y.-based mortgage company of $1.2 million in a straw borrower scam.
January 25 -
Despite claims that digitizing the mortgage process will require less human capital, consumer desires for people on the other end of the phone or computer will keep mortgage loan officers in demand for the foreseeable future.
January 25
1st Mariner Mortgage -
Mortgage application volume increased 4% from one week earlier even as interest rates rose during the period, according to the Mortgage Bankers Association.
January 25 -
BankUnited said that its fourth-quarter earnings increased 12% from the same period in 2015, to $63.3 million, as strong gains in interest income more than offset rising expenses and a sharply lower gain on sales of loans.
January 25 -
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.
January 25 -
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.
January 24 -
Appraisal management companies must self-regulate their prices unless they want the government to do it for them.
January 24
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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.
January 24 -
Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on a mix of higher fee income and lower credit costs.
January 20 -
Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.
January 20 -
Mortgage interest rates dropped for the third consecutive week but remain higher than they were one year ago, according to Freddie Mac.
January 19

