Mortgages

Freddie Mac has formed a partnership with the Lenders One Mortgage co-operative to give its members benefits on pricing and in other areas.

CoreLogic has purchased the remaining 49.9% ownership in RELS LLC, becoming the real estate asset valuation and appraisal services provider's sole owner.

As the purchase market heats up, banks are looking to utilize digital tools meant to make the daunting homebuying experience easier.

Mortgage applications dropped 27%% on a seasonally adjusted basis for the two weeks ending Jan. 1, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey.

The more aggressive nonbank lenders are attracting top producers by essentially allowing loan officers to set their own rate of pay. While so-called "pick-a-pay" compensation plans are not illegal, critics say they can encourage loan officers to steer consumers into more expensive loans in order to increase their own pay.

Increased enthusiasm for automated valuations presents an opportunity for the appraisal industry to develop tools that combine high-efficiency, low-cost processes with the accuracy of human expertise.

Fannie Mae said that those affected by floods across the Midwest may have access to mortgage assistance.

Home prices across the country rose 6.5% year-over-year in November 2015, including distressed sales, according to CoreLogic.

SharperLending has registered its Appraisal Firewall software product as a lender agent with the Federal Housing Administration.

The demand for affordable rental properties has long outstripped the supply, with the gap widening as incomes have stagnated, homeownership rates have fallen and rents have soared in recent years. But now, banks are finding a profitable path to helping ease this severe national shortage.

Two Harbors is marketing its first residential mortgage securitization of the year, according to Fitch Ratings.

WASHINGTON — JPMorgan Chase and EverBank were released from business restrictions stemming from the foreclosure reviews that originated in 2011, but also face new civil money penalties for their earlier violations of those restrictions, the Office of the Comptroller of the Currency said Tuesday.

Manhattan home prices surged to a record in the fourth quarter, propelled by closings of luxury deals in new developments that were agreed to years ago, when construction was just starting on many of the buildings.

As the mortgage industry begins the New Year, National Mortgage News takes a look at the biggest trends and topics that will shape 2016.

Tech-enabled shortcuts that borrowers might assume are harmless — or what loan officers, real estate agents and borrowers consider good customer service — may in fact lead to very risky, or even illegal, habits.

U.S. judge rejects Quicken Loans' effort to move FHA loan case to Detroit courtroom.

National Mortgage News is pleased to begin accepting submissions for the 2016 Top Producers, an annual ranking of mortgage loan officer and broker origination volume.

The delinquency rate on commercial mortgage-backed securities rose slightly in December, according to Trepp.

U.S. home prices rose 5.5% in October 2015, compared to the previous year, according to Black Knight Financial Services.

After defeating an expert in Japanese chess, this computer program's next task is to figure out if you can make the payments on a new mortgage.