Professional development

The latest estimates of nonbank mortgage lender employment mark the largest number of workers since November 2013, and the biggest monthly hiring gain in six months.

Two groups representing small and mid-size lenders say new proposed state mortgage servicing standards for nonbanks will add an unnecessary layer of regulatory burden, especially for firms servicing Fannie Mae and Freddie Mac loans.

Many lenders may not have been ready for the CFPB's new mortgage disclosure rule if it took effect on Aug. 1 as planned. Now a slip-up by the agency itself has given lenders a two-month reprieve.

A U.S. District Judge sentenced a New Jersey man for his role in a $15 million mortgage fraud scam.

One mortgage executive says there is a continuing need for lenders, real estate agents, consumer groups and government to educate consumers to their options when it comes to financing a home.

Union Mortgage Group's Irina Hines has faced her share of unique loan scenarios, but says dealing with the stresses of the job are worth it when clients are happy.

Ocwen Financial's sale of mortgage-servicing rights should generate sufficient liquidity for the Atlanta company to meet its debt-payment obligations, Moody's Investors Service said.

The Louisiana Real Estate Appraisers Board said Coester Appraisal Management Group did not violate state law for failing to pay appraisers "customary and reasonable" fees, and that its executive director "misspoke" about a stipulation and order with the AMC.

The regulatory burden for originators has not only been the main driver of acquisition activity in mortgages but also influences deal structures. Acquirers are looking to craft transactions so they don't get burned by targets' compliance lapses.

Learn how the some of the industry's most successful loan originators get it done with these tricks of the trade from the 2015 Top Producers rankings' top 12 loan officers of the Midwest.

Resigned to the fact that purchase volume is unlikely to make up for any decline in refinancing, Stonegate Mortgage is focused on improving efficiency to increase loan profits over trying to grow loan volume.

Millennial-age workers for the first time outnumbered their Gen-X peers. But the average loan officer is 54 years old, and industry groups are taking steps to help expand outreach to the next generation of mortgage professionals.

Loan officers still rule the roost at most mortgage origination shops, but processors may finally be starting to get their due.

Mortgage professional hiring and new job appointments for the week ending May 29.

The lesbian, gay, bisexual and transgender community overwhelmingly views homeownership as a strong investment, although worries of housing discrimination persist, according to a new study.

The Mortgage Collaborative has entered into an agreement with Fannie Mae that would make certain enhancements of its benefits available to its lenders.

Learn how the some of the industry's most successful loan originators get it done with these tricks of the trade from the 2015 Top Producers rankings' top 12 loan officers of the Northeast.

Mortgage professional hiring and new job appointments for the week ending May 22.

VidVerify, a new company started by a co-founder of Lenders One, produces online videos that educate borrowers on the milestones of the mortgage process, while helping lenders ensure regulatory compliance.

Benjamin Lawsky, the New York regulator known for aggressive investigations and headline-grabbing fines against financial firms, is stepping down, and he reportedly plans to make a living offering banks and other companies advice.