Underwriting

The diversity of the U.S. population is at a tipping point and originators need to prepare to serve the needs of this growing pool of customers.

Mortgage denials in 2013 were comparable to those recorded a decade ago, analyses of HMDA data show, challenging perceptions about how easy lending really was during the era of "pulse" loans and "fog-a-mirror finance."

With Republicans now controlling both chambers of Congress and signals from Democrats that they are open to alterations, revisions to Dodd-Frank are at the top of the agenda in addition to other subjects, like terrorism insurance and housing finance reform.

Will you make changes to the way you do business to get what you want, or have you grown complacent with what you have?

The next 12 months could be a rather bumpy ride for the mortgage industry as consumers take more control over the loan origination process.

Golden First Mortgage Corp. agreed to a $36 million settlement of claims that the company — which allegedly saw 60% of its government underwritten loans go into default since 2002 — defrauded a federal mortgage program.

Take a look back at National Mortgage News' top stories of 2014.

The Federal Housing Finance Agency is an uncomfortable spot in 2015, caught between a Republican majority already critical of its recent actions and an Obama administration bent on increasing access to credit in part by using the agency's powers.

The Lenders' Choice Award commends the technology provider that offers the best customer service, value proposition and overall user experience. The winner is selected by a vote of industry professionals from mortgage lending and servicing institutions. Learn about this year's finalists and see who won the 2014 MT Award.

Credit Karma has begun offering on-demand access to credit reports from Equifax.

Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.

Data Facts Inc., a mortgage credit report and verification services provider based in Cordova, Tenn., has adopted AccountChek, a deposit verification service provided by FormFree.

The ongoing push for more robust loan data will continue in 2015, as market participants across the mortgage lifecycle adopt new regulatory requirements and take advantage of recent developments in paperless processing and self-service capabilities.

Here are some easy ways to introduce your loan origination group to your clients.

What you don't know about a builder's operation could do more than delay your client’s project. It could sink your business.

Wells Fargo, HSBC, Bank of New York Mellon and Deutsche Bank were sued by an Irish securities firm that claims the banks failed to protect investors in their role as trustees of securities backed by home loans that defaulted after the 2008 credit crisis.

The government-sponsored enterprises' changes to their representations and warranties regulations could increase lending — and some risks. Here's the downside to the move and how lenders can mitigate related concerns.

Credit Suisse Group AG (CSGN) was ordered to face a lawsuit by New York's attorney general accusing the bank of fraud in sales of mortgage-backed securities before the recession.

The Release of the Year Award recognizes a new software, platform, alliance or initiative that's expected to have the broadest future impact on the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.

Appraisers are often the only party involved in a real estate transaction that has no "skin in the game," unlike mortgage originators and real estate agents.