Underwriting

The Mortgage Collaborative has entered into an agreement with Fannie Mae that would make certain enhancements of its benefits available to its lenders.

More powerful employment and wage gains are necessary to fuel home purchases, according to mortgage industry economists.

Promontory said Wednesday that it acquired FS Advisory from Date, who founded the consulting practice along with Fenway Summer in 2013 after leaving the Consumer Financial Protection Bureau as deputy director.

Home purchase loans have once again taken the majority share of originations, although volume shrunk by 11% from the same time last year.

Mortgage bankers facing new demands on their businesses are becoming increasingly interested in new sources of liquidity, particularly through mortgage servicing rights financing vehicles.

VidVerify, a new company started by a co-founder of Lenders One, produces online videos that educate borrowers on the milestones of the mortgage process, while helping lenders ensure regulatory compliance.

With older appraisers retiring and fewer and fewer college graduates entering the profession, industry observers say that, in five to 10 years, there won't be enough appraisers to handle the volume of home sales. For lenders, that could mean higher appraisal fees and long delays in closing loans — at a time when technology could be speeding up the process.

The total number of new home equity lines of credit increased 36% in the first quarter according to Equifax.

Mortgage applications decreased for the week ending May 15, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey.

Politicians and regulators need to get with the times — for the sake of the housing market and its participants.

A lack of available financing for small investors is hindering the recovery of the commercial real estate market, says National Association of Realtors Chief Economist Lawrence Yun.

The multifamily market is heating up as apartment owners and investors refinance in a rush to lock in low interest rates, but caps on government-backed lending programs are threatening to disrupt momentum.

Fannie Mae has created a new financing option for multifamily properties looking to undergo energy- and water-cost saving improvements.

Small loan amounts are offered at more expensive rates than those of higher amounts, according to an analysis of loan requests and quotes on Zillow Mortgages.

The number of mortgage loan products offered increased in April, driven by lenders adding the FHA's 203K home improvement program, VA offerings and jumbo products to their mix.

Most banks appear to be coping well with the CFPB's ability-to-repay rule for mortgages, but the burden is falling harder on community banks. A new proposal that would allow more small lenders to grant home loans to borrowers with high levels of debt could help.

A lot of bankers want on-balance-sheet mortgages declared ultrasafe under federal rules, and Wells Fargo executive Brad Blackwell explains why he thinks it's in their self-interest more than ever to live up to their arguments in favor of such a policy.

Sutherland Asset Management has launched a bridge lending division called Ready Capital Structured Finance to strengthen its existing direct commercial lending platform.

Most title professionals will be prepared when the Consumer Financial Protection Bureau implements its TILA-RESPA Integrated Disclosure rule on Aug. 1, according to the American Land Title Association.

Increased wealth inequality among Americans is correlated with decreasing levels of homeownership, a new study from the National Association of Realtors reports.