Mortgages

The Chicago Federal Home Loan Bank reaches agreement with Redwood Trust so member institutions can sell loans to the private-label issuer.

An insurer tied to Apollo Global Management bought a stake in AmeriHome Mortgage Co., a lender taken over this year by a group including former Countrywide Financial Corp. executives, according to three people with knowledge of the investment.

Fidelity National Financial and First American Financial are pitching lenders additional technologies and services that complement their core title businesses. CoreLogic, by contrast, is diversifying its clientele beyond mortgages.

The CFPB believes that the answer to all of these problems lies in taking the paper completely out of the transaction and closing electronically.

Today, LinkedIn is the de facto standard to connect with other business executives on social media.

Mortgage rates rose for a second week, extending an increase in borrowing costs from an eight-month low.

A downpayment remains a high hurdle for consumers seeking mortgages. Lowering this hurdle increasingly seems in line with industry and regulatory goals—assuming borrowers don't default. There's the rub.

LenderLive Network is expanding its correspondent lending channel by offering to buy jumbo mortgages from members of the Independent Community Bankers of America.

A new trade group is making an effort to educate veterans about the lesser-known, low-downpayment, government-backed loan program, while the Department of Veterans Affairs works to clarify rules and recruit appraisers.

Some regional and large community banks are retaining more mortgages for investment because better-than-average deposit growth has given them extra cash they need to deploy. However, they are selective about which mortgages they keep.

Mortgage application volume increased a week after Memorial Day behind a surge in both refinance and purchase mortgage activity.

The Massachusetts attorney general's lawsuit against Fannie Mae and Freddie Mac seeks to aid a nonprofit whose CEO has close political ties to Martha Coakley's gubernatorial campaign.

Lenders are relaxing overlays and adjusting pricing to attract more VA business.

Though the bulk of the ambitious Housing New York plan is intended to build or rehabilitate rentals, there are several homeownership components as well.

Previously there were a few larger institutions assuming the majority of the risk in the mortgage servicing market, but now this risk is more evenly distributed across smaller institutions.

Wells Fargo failed to convince a U.S. appeals court that a multibank mortgage settlement in 2012 barred the government from suing over home lending practices it claims led to hundreds of millions of dollars in federal insurance payouts.

The House approved a bill Monday evening to modify the calculation of certain "points and fees" under the Consumer Financial Protection Bureau’s qualified mortgage rule.

By obtaining a third-party opinion that provides a reasoned analysis supporting borrowers' ability to repay, a lender places itself in a substantially stronger position with respect to subsequent ATR claims.

Citigroup, one of three mortgage lenders sued last year by Los Angeles for allegedly targeting minorities with "predatory" loans, lost its first attempt to dismiss the claims.

The housing market is unseasonably weak due to consumers' worries about an economic slowdown and a decline in overall household income, according to a Fannie Mae survey.