Ocwen, in late October, entered into an agreement to purchase reverse mortgage banker, Genworth Financial Home Equity Access, Inc. for $22 million in cash.

The 30-year fixed-rate mortgage reached an all-time low of 3.36% last month, while the 15-year hit a record of 2.66%, according to Freddie Mac.

Wells Fargo economists are bullish on home building, citing the fact that single-family starts for the first nine months of this year are running 26% above the 2011 pace.

Impac's “continuing” mortgage business earned $4.4 million and the firm saw originations spike by 33% over the second quarter to almost $710 million.

At BOK Financial mortgage banking revenue increased 70% from a year earlier, to $50.3 million.

Warehouse usage levels haven’t been this strong since the 2000 to 2004 time period when it ranged from 50% to 60%.

Although Genworth's mortgage insurance division lost money, it is seeing a noticeable pick up in new policies written.

New applications continue to fall somewhat but the purchase money share is increasing.

The Federal Housing Administration notes that purchase money loans represented 62% of all government insured forward mortgages originated in fiscal year 2012.

Even though more Massachusetts homes were sold in September, median prices slipped back below $300,000, according to data from The Warren Group.

Home loans lifted HomeStreet Bank (HMST) in Seattle in the third quarter. Earnings rose 40%, to $21.3 million, from a year earlier, the $2.5 billion-asset company said Monday.

The Department of Justice suit against Bank of America shows that beyond enforcement through regulators, lawsuits are increasingly focusing on the systems lenders use.

Even though more Massachusetts homes were sold in September, median prices slipped back below $300,000, according to data from The Warren Group.

Social media expert says there is a trust hierarchy of marketing.

In fiscal year 2012 mortgage bankers funded $119 billion of VA-backed loans, up from $75 billion in FY 2011.

Regulatory guidance that requires banks to write down the value of mortgages to collateral value in cases where the borrower has been through bankruptcy was a factor in the TCF's earnings.

Although EverBank had a good quarter, it also wrote down the asset value of its mortgage servicing rights.

The technology that lets a user deposit checks by taking photos of them with his smartphone is being applied to mortgage documents, though with some limits.

The Mortgage Industry Standards Maintenance Organization named the leaders of two newly formed committees.

Blueberry Systems said that its Relay loan origination software now integrates with DocMagic’s document preparation and compliance technology.