Mortgages

The top five mortgage originators had an average of 162,666 originations last year according to Home Mortgage Disclosure Act data.

With Tidalwave receiving its first approvals for integrations with automated underwriting systems, its CEO explains why the current environment represents a good opportunity for a new mortgage startup.

Ginnie Mae had tried to slow the pace of Texas Capital Bank's case and move it to a different court but the judge rejected its legal arguments for doing so.

But the purchase business that brings in three times the fee size as refinancings will be the driver of the improvement for the publicly traded title underwriters.

The new offering from United Wholesale Mortgage replaces a July through Labor Day promotion that only covered certain FHA and VA refinance products.

The Department of Housing and Urban Development affiliate is adding data elements in line with a larger industry goal and advancing other promised initiatives.

Steady purchase demand still led to a positive August according to the Mortgage Bankers Association.

In a little over a month, the company's newly appointed chief strategy officer has built out a six-person strong recruiting team.

Servicers saw their retention rate fall to the second-lowest level in 17 years, according to ICE Mortgage Technology.

Mr. Cooper will be filing a motion to dismiss a data breach-related class action by Sept.13, documents show.

Melody Taylor, the executive director of the Property Appraisal and Valuation Equity task force, said the interagency group went above and beyond expectations. She also defended it against common attacks from working appraisers.

Trimont CEO Bill Sexton acknowledges that a "daunting" volume of commercial real estate loans need to be refinanced in the next few years. But he says nonbank lenders are well equipped to provide financing that will allow troubled buildings to be reimagined.

The interim procedure applies to nonjudicial foreclosure sales and is aimed to help avert "immediate adverse financial and market impacts" when surplus funds are not available.

The case over a federal investigation is unrelated to the trade group's recent commissions changes.

Borrowers who worked with third party originators last year will save on average over $10,000 over the life of their loan, according to an analysis of public data.

The Mortgage Bankers Association anticipates recent developments will change dynamics in the market for lending on income-producing properties.

California lawmakers have sent a bill to Governor Gavin Newsom's desk that would expand a state-backed down payment assistance program to undocumented immigrants who are looking to buy a home.

A gauge of pending U.S. sales of existing homes sunk in July to the lowest level on record, as high prices and borrowing costs continue to scare buyers away.

A Congressional Budget Office study looks under the hood at homeowners insurance and considers strategies like expanding the federal coverage beyond floods.

The average payment fell to $2,140 from $2,167 in June, according to the Mortgage Bankers Association.