Mortgages

U.S. Bancorp, one of the fastest growing mortgage lenders in the nation, fears the ramifications of the "fiscal cliff."

M&T Bank is on a residential production tear with its pipeline of new loans overflowing.

Consumers who pursue debt settlement services may find themselves facing not relief but even steeper financial losses, attorneys are warning.

A key executive handling the sale of mortgage servicing rights plans to leave Phoenix Capital.

Everyone should take advantage of the current low interest rates to refinance, but can they qualify? Why some perfectly good borrowers are being turned away.

My mortgage finance career has been focused on avoiding nonperforming assets or REO although unforeseen circumstances invariably result in some.

The Mortgage Bankers Association says it opposes the so-called zero-zero exemption spelled out in the Consumer Financial Protection Bureau’s pending loan officer compensation rule.

September marks the eighth consecutive month where home prices improved on a year-over-year basis.

U.S. Bancorp said third-quarter profit climbed 16% to a record, beating analysts’ estimates as mortgage-banking revenue more than doubled.

Next week Residential Capital Corp. will be auctioned off to the highest bidder. M&A advisors are predicting Nationstar will prevail.

With millions of homes currently foreclosed upon nationwide, there is potentially a second foreclosure crisis looming that could deteriorate the housing industry even more: the tax lien sale.

A Virginia businessman who participated in an elaborate fraud scheme that led to Bank of Commonwealth’s collapse has been sentenced to 14 years in federal prison.

Mortgage application volume decreased by 4.2% on a seasonally adjusted basis for the week ended Oct. 12.

Oklahoma has issued the first compensation checks to residents who lost their homes after lenders assured them their loans would be modified.

In building its first nonconforming MBS, Shellpoint will welcome mortgages facilitated by loan brokers and correspondents.

Lender Processing Services has reached a settlement with the Delaware attorney general related to the state’s investigation of robo-signing practices by the company’s subsidiary DocX.

Single-family construction had its best month in four years and builders are feeling optimistic about their prospects, despite tight mortgage credit.

Although the Consumer Financial Protection Bureau may be close on deciding final parameters for a qualified mortgage rule, its attempts to appease both mortgage bankers and consumer groups could backfire.

Fannie Mae/Freddie Mac servicers refinanced 26,950 mortgages with loan-to-value ratios above 125% in August, compared to 26,650 in July.

Bank of America lost money on mortgage banking in the third quarter but only because of charges tied to its legacy business.