Practice management

Loans late by 90 days or more are increasingly concentrated in parts of Florida, Georgia and southeast Texas as fallout from the storms continues to weigh on the market.

Financial firms have mostly shrugged off the government's budget woes, but Washington's gridlock might pose a bigger risk than they think.

The government shutdown and Congress' inability to reauthorize the National Flood Insurance Program could delay some home sales and loan closings.

Here's a look at what happens at five federal agencies that support the mortgage industry during a government shutdown.

The New York multifamily lender is making steady progress in a multiyear effort to reduce its dependency on commercial real estate.

The Arkansas company has spent two years trying to reassure nervous investors and analysts that it can rapidly book real estate loans using conservative practices.

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.

CMG Financial is offering a new affinity marketing portal on its crowdfunding platform for down payments and positioning it as a way for employers to retain millennials.

Jeanne D'Arc Credit Union has begun thanking home buyers for their business by throwing housewarming parties for them once the process is complete.

Technology-focused mortgage lender loanDepot has created another joint venture with a homebuilder, this time with AV Homes.

Former top commercial mortgage-backed securities strategist Trevor Murray accused the Swiss lender of illegally firing him in 2012 for blowing the whistle on attempts by traders to influence his research reports.

PrimeLending is entering into an affiliated business arrangement with Dallas homebuilder Grand Homes that is expected to start producing loans in February.

The company said it will lay off more than a dozen employees in a move that reflects the current volume of mortgage loan originations.

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.

The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.

Higher costs dampened mortgage lenders' profitability, outweighing near-term gains in origination volume and per-loan revenue during the third quarter, according to the Mortgage Bankers Association's quarterly.

A New York banker who mastered the art of buying low and selling high, broke industry norms and learned from his mistakes in commercial real estate, John Kanas became a model regional bank builder. After stepping down as BankUnited's CEO last year, he wants to do "one more thing" before fully calling it quits.

Sometimes reaching underserved borrowers takes experimenting with changes to the mortgage finance system. That's why Fannie Mae and Freddie Mac are working with lenders to test innovative loan products that meet borrowers' evolving needs.

When data doesn't tell the whole story about untapped market opportunities, mortgage executives must draw on their personal experiences and local expertise to craft unique strategies to reach new borrowers.