Mortgages

Bank of America Corp., which agreed to a record $16.7 billion settlement of government mortgage probes in August, posted a surprise third-quarter profit as revenue from trading stocks and bonds increased.

As the Seattle and Des Moines Home Loan banks inch closer to the first successful voluntary merger in the system's history, observers are beginning to ask which institution will try next.

Key Community Bank's E.J. Burke reflects on the highs and lows of his term as chairman of the Mortgage Bankers Association.

eLynx, a Cincinnati-based paperless document and data-sharing company, has agreed to acquire the Medallion Analytics Co., a Pittsburgh-based data extraction company.

Accomplishing your goals is a simple process but one that requires a lot of dedication.

The Connecticut Housing Finance Authority plans its fourth issuance of the calendar year, a $158 million sale of housing mortgage finance program bonds.

Hard money lenders fear New York watchdog Benjamin Lawsky's investigation into their industry could make the public mistakenly think their business primarily involves making loans designed to fail to homeowners who occupy properties.

Wells Fargo, the world's most valuable bank, posted a third-quarter profit that matched analysts' estimates as mortgage banking revenue fell from the previous three-month period.

To avoid claims of unfair or deceptive acts or practices it is incumbent upon lenders to adopt practices that are unlikely to mislead, regardless of whether the misunderstanding is intentional.

Veros Real Estate Solutions released a quarterly report predicting that 83% of U.S. markets would appreciate in value in the next 12 months.

Altisource Asset Management and Altisource Residential LP executive vice president Salah Saabneh has resigned, according to two Securities and Exchange Commission filings.

Generation Mortgage Co. is exiting the Home Equity Conversion Mortgage origination business, but will continue to service reverse mortgages.

The pace of home price appreciation has decelerated in recent months, but it will not result in another dip where price changes actually fall into negative territory, according to Wells Fargo Securities economists.

Redfin reports that requests for visits to homes listed on its website increased by 2.2% in September compared with August.

The September volume of new home purchase mortgage applications remained unchanged from the previous month.

Delinquency rates for commercial mortgage-backed securities declined steadily in September compared to a month earlier.

Although the case ostensibly turns on whether loan officers should be paid for overtime, the high court is focused on whether government agencies have the right to substantially change regulations without seeking public comment.

Officials want to remove the risk that questions about a dealer’s liquidity could lead to wholesale dumping of assets. Treasuries and mortgage securities represent about 85% of daily repo transactions

It's not been a stellar year for mortgage lending, with national origination volumes expected to end 2014 down by one-third or more.

Complete Financial Solutions in Spokane, Wash., has agreed to buy Northern Star Financial in Mankato, Minn.