Mortgages

This tops a previous bid for the parent of mortgage warehouse provider Southwest Securities by $1 per share.

A jury found a particular loan officer was exempt from minimum wage/overtime requirements because her work involved "outside sales," but the case's decision fails to broadly apply to all LOs.

Confidence among homebuilders plunged in February by the most on record as bad weather limited prospective buyer traffic and depressed sales.

Ben Anderson is the early leader among survey respondents, with volume of $201 million in 2013.

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The mortgage tech vendor is trying to maintain profits by signing and upgrading customers. The headwinds it faces reflect broader industrywide challenges: lower origination volume and new compliance requirements.

A Tampa homeowner is suing Bank of America and U.S. Bancorp, claiming that the banks delayed processing his mortgage payments in order to earn extra interest for themselves.

Bank of America is cutting 450 mortgage jobs from West Coast offices after new loans fell short of internal forecasts, two people with direct knowledge of the plans said.

The mortgage industry has always been an adrenaline junkie, getting its thrills by riding the highest roller coaster it can find and hoping the landing will be soft this time. What if you could smooth out the highs and the lows?

American Advisors Group is developing a retail "feet on street" sales force and will get a big boost from the acquisition of Associated Mortgage Bankers' reverse mortgage platform.

GSE regulator says Fannie and Freddie are responsible for monitoring servicers.

Radian Group is now the leader in insurance-in-force but MGIC says it is not concerned about market share.

Ocwen Financial Corp. is seeking to raise about $136 million by selling notes tied to fees from managing a pool of government-backed loans.

Mortgage software firm Ellie Mae posted higher year-over-year revenue growth in the fourth quarter of 2013, but reported a dip in net income as operating expenses rose.

A New York startup vows to reduce risk and bring transparency and regulatory oversight to a much-hyped investment class.

The MBA builder survey points to a strong start for the spring selling season.

Canadian covered bonds now benefit from increased disclosure about the mortgages behind them and more certainty about recourse to the cover pool in the event of a default. But so far, this broader appeal hasn't resulted in increased issuance.

Michael Larssen will help with the formation of Mortgage Collaborative.

Finding a compliance mistake is likely to endear you to them and help drive referral business.

Luxury-apartment owners in New York are listing a record amount of properties for sale, testing the upper limits of what buyers are willing to pay even as median prices remain off their peak set almost six years ago.