Mortgages

Every successful lender is familiar with those periods when an operations staff that had previously been working feverishly on a big pipeline of loans is suddenly faced with much less work.

Doral Financial in San Juan, Puerto Rico, continues to shed assets.

Careful underwriting can take away much of the risk of this supposedly risky type of mortgage lending and contribute to profitable new business.

Foreclosures declined 22% in August compared to a year ago, according to data released Thursday by CoreLogic.

Deutsche Bank officials have received the go-ahead to finance U.S. home lenders, something it has not done since the financial crisis. The bank's plan is to finance a small, but potentially much larger, mortgage segment that falls outside government standards.

The investment management firm Asset Recovery Cos. has merged with the hard-asset lender Yale Mortgage Funding.

Hiring in the mortgage industry slowed in August, as small lenders added just a few hundred workers to their payrolls, but still managed to increase their headcount for the fourth month in a row.

Ben Bernanke said the mortgage market is still so tight that he's having a hard time refinancing his own home loan.

FHA commissioner Galante initiated the handbook rewrite to provide more detail and certainty for lenders.

The Supreme Court said Thursday it would hear a case related to the use of "disparate impact" theory to pursue entities for unintentional discrimination, a move that could have significant ramifications for banks.

Mortgage Contracting Services has bought CoreLogic's real estate owned and property businesses.

Mortgage credit availability remained unchanged in September, according to data released Thursday by the Mortgage Bankers Association.

The Federal Reserve must take steps to improve handling of complex settlements like the one reached with mortgage servicers over improper foreclosures, an internal watchdog said in a report.

It might be time for the industry to consider a "less is more" view when it comes to offering consumers mortgage product options.

Mortgage rates dipped slightly for the week ending Oct. 2 despite strong GDP data, according to a weekly report from Freddie Mac.

Heightened regulatory oversight of servicing rights transfers means servicers must clamp down on processes while investors take stock of their own procedures.

Too many lenders simply gather their mortgage application data for their annual HMDA report and send it to their regulators without realizing its value, according to David Moffat, president and chief executive of Mortgage TrueView.

EverBank failed to properly determine mortgagor eligibility for the Federal Housing Administration's preforeclosure sale program, according to an audit report released by the inspector general for HUD.

Arthur Chu became the third largest money winner on Jeopardy! by bucking the usual strategy for the game, and it is a lesson for originators and their referral partners.

Lenders desperately want to make potentially lucrative home loans to those with less-than-stellar credit, but only a few are willing to try given legal uncertainties. Here's how a few are designing their products to get a jump on the competition.