Mortgages

Ellie Mae reported net income of $3.6 million for the first quarter, up 350% from the same period a year ago.

WASHINGTON — Federal banking regulators are putting pressure on a dozen or more states to begin regulating appraisal management companies within their borders.

Credit Suisse, Deutsche Bank and Wells Fargo are first are marketing nearly $4 billion in commercial mortgage-backed securities via three conduits slated to price the first week of May.

New York law gives investors who say they were duped into buying flawed mortgage bonds six years to sue. But does the clock start ticking on the day the bonds were packaged or after problems with the loans came to light?

The SAFE Transitional License Act would allow registered lending officers to work at independent mortgage banks for 120 days while they complete state testing and licensing requirements.

Prospective homebuyers may be confident about what it takes to buy a home, but a recent survey indicates most struggle with basic concepts of the mortgage process.

Ocwen Financial and Assurant have reached an agreement to settle charges that the embattled mortgage servicer profited from kickbacks on force-placed insurance policies with struggling homeowners.

Mortgage interest rates rose during the week thanks to increases in home values and sales as well as slower-than-expected economic growth, Freddie Mac said.

Though home prices have started to rise, new home construction has remained low as builders have struggled to gain momentum due to shortages of materials, developed lots and skilled labor.

Housing and the mortgage industry are every bit as important to the U.S. as the national transportation or healthcare systems.

As more millennials enter the housing market, mortgage bankers continue to stress improved technology as a needed element in efforts to win these consumers, according to a member survey by Lenders One Mortgage Cooperative.

A mortgage title company and a handful of individuals are being sued by the Consumer Financial Protection Bureau and Maryland Attorney General related to an alleged mortgage kickback scheme with banks such as Wells Fargo and JPMorgan Chase.

Freddie Mac plans to auction off $233 million of nonperforming loans, the government-sponsored enterprise announced.

HarborOne Bank announced Wednesday that it will acquire Merrimack Mortgage Co. Terms of the transaction are undisclosed.

The American Institute of CPAs has issued a set of questions and answers on the services a practitioner can provide in connection with the American Land Title Association's Best Practices Framework for real estate settlement.

A new CoreLogic service aims to help servicers and mortgage investors keep tabs on properties in states that give homeowners' associations super lien status.

Mortgage application activity fell once again as refinance volume dropped to its lowest level since September 2014, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey.

The number of Americans who signed contracts in March to buy previously owned homes climbed after the biggest increase in more than four years, a sign for further progress in the housing recovery.

With the housing market and fundamentals showing signs of health, investors may want to begin turning their focus from commercial to residential real estate, according to analysts at William Blair.

Millennials' expectations indicate a major shift in values that lenders can see as an opportunity from both marketing and business strategy perspectives.