US Bank Adding 100s of St. Louis Mortgage Jobs
After recently adding more than a hundred jobs in its mortgage division in St. Louis, U.S. Bank, N.A., plans to add hundreds more.
Across-the-Board Growth at Guild Mortgage
In addition to achieving record loan production, Guild Mortgage Co. boosted the balance of its residential loan servicing portfolio and expanded the size of its payroll.
3 Mortgage Firms Among US' 500 Fastest Growing
Three mortgage businesses were among the 500 most rapidly growing companies in America. A few more residential lenders were among the 5,000 fastest-growing firms.
Biggest VA Lender Settles RESPA Violations
A firm that has claim to be among the biggest home-purchase lender for veteran programs has agreed to pay over $1 million to settle alleged violations of the Real Estate Settlement and Procedures Act.
Wells Fargo Cutting Mortgage Servicing Jobs
Dozens of mortgage servicing positions are being eliminated by Wells Fargo & Co. as the home lender closes a call center in Washington state.
Walter Investment Warns About Ongoing Viability
As losses continued at Walter Investment Management Corp., the company warned about its ongoing viability and restated income for prior period. Home lending tumbled.
PHH Continues to Reduce Mortgage Business
As the parent of PHH Mortgage continues to execute on its strategy to shrink its mortgage business, losses grew from a year earlier as originations and servicing were slashed.
Fairway's Staffing, Servicing & Lending Expand
In addition to growing the size of its servicing portfolio and expanding its human resources, Fairway Independent Mortgage Corp. saw quarterly loan originations soar.
Year-Over-Year Rise in Navy FCU's Home Lending
Vienna, Virginia-based Navy Federal Credit Union reported a year-over-year increase in quarterly mortgage originations as much of the industry have reported declines during the same period.
Regions' Mortgage Earnings Off, Buys MSRs
While quarterly earnings were solidly higher at Regions Financial Corp., mortgage income receded. Servicing grew with the acquisition of mortgage servicing rights during the quarter.