Mortgages

Mortgage applications dropped for the second straight week due to a slight decline in home refinancings.

The rapidly changing environment in the mortgage industry requires executives to have a more comprehensive vision for executing effective change management strategies.

Lessons that mortgage originators can learn from preparing to do a 206 mile one day race.

WASHINGTON — Loans for manufactured homes typically come with higher interest rates and fewer consumer protections than more conventional mortgages, the Consumer Financial Protection Bureau said Tuesday.

Commercial real estate lender Walker & Dunlop has agreed to acquire Johnson Capital's loan origination and servicing platform.

The nation's largest mortgage originator approved the de novo company for its correspondents and that led to a big increase in third quarter business.

Hispanic borrowers have been shut out of the two-year housing recovery more than other groups in California, denying them the chance to rebuild wealth through homeownership.

The DOJ wants the banks it threatens with litigation to admit accountability, pay hefty penalties and takes steps to satisfy the public thirst for payback. But the financial system would be better served if the bulk of regulation was left to the banking agencies.

There are still enough indicators out there that suggest another round of foreclosures is near.

BBVA Compass has hired a veteran banker to make sure that the company achieves its Community Reinvestment Act goals.

Citigroup CEO Michael Corbat reflected with Warburg Pincus CEO Joseph Landy and Paulson & Co. CEO John Paulson on the growth paradigm of tomorrow’s financial markets, the role of shadow banking within it and how the world for megabanks has become permanently smaller.

The Consumer Financial Protection Bureau's action against Flagstar Bank on Monday marked a series of firsts for the agency, including the first time it enforced its new mortgage servicing rules and the first time it banned a servicer from servicing new loans until fixes are made.

WASHINGTON — Michigan-based Flagstar Bank will be required to pay $37.5 million in restitution and fines over regulatory allegations it blocked struggling homeowners from receiving foreclosure relief, the Consumer Financial Protection Bureau said Monday.

Home prices continued their steady climb upward in July, according to data released Monday from Black Knight.

Recovery rates for liquidated commercial mortgage-backed security loans rose during the first half of this year after reaching historic lows the two previous quarters, according to Fitch Ratings.

This shows that the Consumer Financial Protection Bureau will hold a company responsible for the actions of a third party, regardless of intent, if a consumer is negatively affected.

Contracts to purchase previously owned homes declined in August as tighter credit and limited wage growth weigh on potential buyers.

Peter Accolla set goals for transactions, dollar volume and how much money he wanted to make.

Commercial real estate lender Walker & Dunlop has added three originators to a conduit and high-yield lending joint venture with Fortress Investment Group.