Mortgages

As mortgage origination volume continues to slow down, the successful loan officers are the ones who make things happen.

Mortgage-bond trustees rejected a part of JPMorgan Chase & Co.'s $4.5 billion settlement offer over investor claims of faulty mortgages while accepting the deal for most of the transactions.

Intercontinental Exchange Inc., best known for energy trading and its control of the New York Stock Exchange, is engaged in negotiations that would give it a foothold in the $9.4 trillion U.S. mortgage market.

Freddie Mac sold $659 million of "deeply" delinquent home loans in its first offering of such debt.

As banks lose money on mortgages and retreat from the business, PHH Corp. is rushing to cash in.

The unintended consequences of these guidelines could force smaller title agencies to close their doors.

Changing mores among the millennials will delay first-time home purchases and contribute to further declines in the national homeownership rate through 2018, according to Zillow.

It has been nearly six years since the Seattle-based bank was seized and there is a deadline for the agency to sue anyone it believes owes the bank some money.

Ellie Mae ties its fortunes to its clients' success with a pricing model that charges lenders based on the number of loans they close. Now it's found a way to monetize the applications that flow through its origination software but don't get funded.

Jobs report shows nonbank originators added 2,200 new hires to their payrolls in June.

While distressed borrowers said they're more satisfied with the customer service they receive today than a year ago, servicers with large portfolios of distressed loans were still ranked lower than their peers in a recent J.D. Power survey.

In our work, we've found that lenders who survey customers at the right time will see a significantly higher information return, which can then inform positive changes in the mortgage operation.

The regional banks are repurchasing excess stock and increasing dividends.

Ellie Mae in Pleasanton, Calif., reported a rise in second-quarter profits compared to last year, boosted by sales of its mortgage origination software.

If finalized and then approved by regulators, the combination of the Des Moines and Seattle Home Loan banks would be the first voluntary merger in the system’s history.

Mortgage rates held steady over the past week, remaining near their lowest levels for the year, according to Freddie Mac.

Home price gains have caused borrowers to turn to second liens to access cash for home improvement or other needs as higher interest rates damp first lien originations.

Over the long haul, ignoring online leads is going to make it difficult for retail lenders to survive, since recent studies clearly show more and more borrowers are finding their lenders online.

Bank of America Corp. is nearing a settlement with the Justice Department after raising its proposed offer to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis.

Delinquency rates for commercial mortgage-backed securities improved slightly in July, according to a report released Wednesday by Trepp.