Mortgages

The nearly 45% of new insurance written for other types of mortgage lenders could be a sign that the formerly credit union focused company is gaining some traction in the broader market.

With the news coming out on Oct. 28 that the Federal Open Market Committee has ended bond purchases, finishing its third round of quantitative easing, my first reaction was to check the stock market.

Auction.com, which got a $50 million investment from Google in March, said it will use the Internet-search company’s big-data capabilities to try to predict U.S. home sales and other trends ahead of competitors.

In a surprise victory for mortgage servicer PHH Corp., a California judge overturned a $16.2 million jury verdict awarded to a California homeowner in July for a botched loan modification.

The court asked another governmental entity to remedy the plight of non-borrowing spouses facing foreclosure. So far options appear to give few consumers relief.

Bank of America Corp. Chief Executive Officer Brian T. Moynihan, who was named chairman this month, said legal costs stemming from defective mortgages are largely behind it.

Mortgage executives who have long decried new regulations as excessive are increasingly becoming resigned to the fact that changes are here to stay.

The number of homes lost to foreclosure in September fell to 46,000, according to data from CoreLogic.

Mortgage loan application volume decreased last week as both refinance and purchase volume slowed down.

Washington Trust Bancorp is eager to dip its toe in the water when it comes to Fairfield County, Conn., but the company is reluctant to take a full plunge into that booming market.

EverBank Financial in Jacksonville, Fla., reported higher quarterly profit due to an uptick in residential lending.

You can build a new book of business by returning to tried and true ideas which have worked for you in the past.

The three-year-old U.S. consumer protection agency said it discovered that the largest mortgage servicers have been mishandling loan modifications and harming borrowers since new rules came into effect in January.

The CoreLogic Mortgage Fraud Report estimates that in the second quarter approximately $3.3 billion in mortgage debt contained elements of fraud or serious misrepresentations.

Housing policy needs to be refocused on strengthening household balance sheets, especially by making borrowers more resilient to home price declines. A new 15-year fixed-rate mortgage that allows borrowers to use the down payment to buy down the interest rate on the loan is designed to do just that.

Robert Bram of Long Island's Luxury Mortgage Group got his start in the industry trading mortgage-backed securities, but his passion for people led him to a career as an originator.

Well Fargo has pledged to offer $5.2 million to homebuyers who will qualify for its Cincinnati NeighborhoodLIFT program.

Federal and state laws, including the Gramm-Leach-Bliley Act, require title companies to develop a written information security program that describes the procedures they employ to protect non-public personal information.

Home prices in 20 U.S. cities rose at a weaker pace in the year ended in August as borrowing standards remain tight and wage gains fail to accelerate.

Commercial real estate borrowing and lending continued at a strong clip in the third quarter, according to data from the Mortgage Bankers Association.