Mortgages

Bank of America has ended its agreement with PHH Corp. that saw the Mount Laurel, N.J.-based company perform private-label originations for Merrill Lynch.

M&T Bank is offering mortgage subsidies through a new program to qualified consumers in New Jersey and nearby states.

San Francisco has the highest level of "mortgage stress" of the top 100 largest cities in the United States by population, according to Finder.com.

Homeowners in congressional districts controlled by Democrats nationwide have gained two times' more housing wealth than those in districts led by Republicans, according to Attom Data Solutions.

Mortgage applications increased 2.9% from one week earlier, according to the Mortgage Bankers Association, as the conforming interest rate fell to its lowest level since July.

Converting millennials from renters to homeowners is proving difficult, but here are steps lenders can take to get this generation on board with buying.

More than $200 billion of the most poorly underwritten commercial mortgages originated before the financial crisis come due this year and next, many of them still underwater.

Two decades of experience with offshoring has shown that shifting operations work from knowledgeable, local workers to people in another country with oftentimes limited training comes with risks — of errors, of misunderstandings and of security lapses.

There are a lot more apartments available for purchase these days in Manhattan. And fewer people are buying.

United Wholesale Mortgage has rolled out a new tool that allows mortgage brokers to receive automated income verification.

Utah-based lenders Primary Residential Mortgage and SecurityNational have agreed to pay a total of nearly $10 million in separate settlements with the Department of Justice.

U.S. Bancorp has agreed to settle a lawsuit that claimed it neglected to maintain foreclosed properties in Southern California after the 2008 financial crisis.

The Federal Reserve's mishandling of monetary policy in the 1970s opened the door to questionable products for unqualified borrowers, setting the stage for the housing crisis 30 years later.

Late payments on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.

Walter Investment Management Corp. subsidiary Ditech Financial has paid $1.4 million as part of an agreement to settle claims of alleged abusive debt collection practices in Massachusetts.

Bank mortgage servicers are slashing their staff in the wake of improved loan performance and decreased portfolio, according to Fitch Ratings.

Cash-out refinances rose to the highest level seen since the second quarter of 2009, according to Black Knight Financial Services.

Hillary Clinton and Donald Trump should face more questions about housing policy, especially the lack of affordable housing to own or to rent nationwide, said Fannie Mae Chief Tim Mayopoulos.

Borrowers who go through a sour mortgage experience often leave poor business reviews online and move on with their lives. Houtan Hormozian decided to become a loan officer and give his clients the service and experience that he didn't get to have.

Multichannel loan origination system provider OpenClose has added a rate sheet generator to its product and pricing engine.