Underwriting

Eight years after subprime mortgages all but disappeared, U.S. buyers with bad credit can still own homes.

The total number of loan programs being marketed declined in March, as fewer conventional offerings offset a loosening of standards on government products, according to the Mortgage Bankers Association.

The housing market has been improving but mortgage credit remains "stubbornly" tight on loans bought by the government-sponsored enterprises, according to a chief housing adviser at the White House.

First-lien mortgage originations totaled $1.82 trillion in 2015, a 43% increase from the previous year, according to Equifax.

JPMorgan Chase is funding a $125 million, five-year program that will provide affordable housing in communities that are at risk of gentrification.

Ruth Paloma Rivera just bought her first home, battling her way through the paperwork obstacle course that is the post-crisis American banking system.

Appraisal management company Solidifi has acquired Linear Title & Closing, a provider of national title searches and mortgage closing services.

Fifth Third Bank is offering a teaser rate to new home equity line of credit borrowers through July 31.

The number of misrepresentations in mortgage applications continued to decline in February, benefiting from lenders' increased spending on compliance, said First American Financial Corp.

American International Group Inc.'s mortgage insurer, United Guaranty Corp., filed for an initial public offering as the parent company faces sustained pressure from activists to split up.

Appellate courts are officially playing pingpong with underwriters' employment status, leaving lenders to decide whether or not they qualify as employees exempt from minimum wage and overtime pay — and open to regulatory scrutiny.

LoanLogics has raised $10 million in new capital that the mortgage software vendor plans to use to support its growth.

The California Supreme Court's recent ruling that a borrower has the right to challenge a wrongful foreclosure opens the door for a tighter mortgage market while leaving key questions about future borrower lawsuits unanswered.

As a handful of new issuers enter the market and the implementation of a key regulation pave the way for subprime securitization's comeback, the volume of new loans that are actually available to the market remains a question.

MetaSource in Salt Lake City has acquired Titan Lenders Corp. to bolster its mortgage outsourcing and technology capabilities.

A small Connecticut bank takes the plunge into mobile-friendly mortgages in a bid to turn an attractive pool of student-loan borrowers into lifetime customers.

Advanced technology can certainly provide process improvements, but those will reap results only if employed alongside industry fundamentals.

While the $1.9 billion of bonds are not guaranteed by the government, most of the underlying loans could have been sold to Fannie and Freddie, and the transaction accomplishes the same thing as the GSEs' risk-transfer deals.

Lenders are getting stingier when it comes to funding risky U.S. real estate developments, putting pressure on landlords in need of fresh funding to keep their projects afloat.

Prosper Marketplace on Monday announced a three-year agreement to offer financing to consumers making improvements to their homes through the website HomeAdvisor.com.