Mortgages

Executives and board directors from mortgage technology developer Ellie Mae rang the opening bell at the New York Stock Exchange, signaling the opening of the trading day on Feb. 4.

CitiMortgage has responded to recent allegations that it and other large banks engaged in deceptive practices when force-placing insurance policies on borrowers, saying it follows federal rules and guidance in this area.

A Federal Reserve Board survey found that banks are continuing to maintain tight underwriting standards with respect to single-family loans.

We're hearing changing rules will likely stifle innovation in mortgage technology development in the near term.

A Mortgage Grapevine poster is asking for some opinions regarding a client who has both a W-2 and is self-employed.

The early returns in the Origination News 2012 Loan Officer Survey shows volumes higher than in 2011. Credit: © Texelart - Fotolia.com

Executives from mortgage technology developer Ellie Mae rang the opening bell at the New York Stock Exchange, signaling the opening of the trading day on Feb. 4, 2013.

Just two weeks after issuing new mortgage rules, the Consumer Financial Protection Bureau added 1,800 pages of regulations covering mortgage servicing.

The credit union movement cannot survive without the ability to write mortgages, meaning they simply will have to abide by the new rules.

Nationstar Mortgage Holdings closed the purchase of mortgage servicing rights of roughly $97 billion in unpaid principal balance loans and certain other assets from Bank of America.

Millennials and Generation X Americans reportedly place a higher value on homeownership than their older counterparts.

The composite score for the U.S. commercial property market remained stable in 2012 and suggests the market will continue to remain stable.

The state of Nevada plans to purchase severely delinquent underwater loans from the Federal Housing Administration and refinance the homeowners so they are no longer in a negative equity position.

The Mortgage Bankers Association predicts commercial and multifamily real estate loan originations of $254 billion in 2013, up 11% over 2012.

Real Integrated Technology plans on following up its property inspection technology offering currently used to manage inspection documents and data sent to commercial mortgage servicers with automation that the residential market can use.

Buying a distressed loan isn't usually considered similar to trolling for discounted airfare.

JPMorgan Chase & Co. is giving its wealthiest clients the chance to invest in the single-family rental market after other investments linked to the U.S. housing recovery jumped in value.

Streamline refinancings of existing FHA borrowers picked up in October and November, according to new origination data released by the Federal Housing Administration.

Borrowers who apply for a Federal Housing Administration-insured loan in June will have to pay annual mortgage insurance premiums for the entire life of the loan.

Residential Capital completed the sale of the originations and capital markets platform to Walter Investment Management Corp.