Mortgage Broker, Stepson Banker Convicted
A mortgage broker and her stepson, who was a banker, have been convicted in federal court of defrauding the California bank where he worked.
Brokers Pull Down Mortgage Employment
A month-over-month decline in the number of people working in real estate finance was the result of a drop in staffing at the nation's mortgage brokers.
Mortgage Jobs Continue to Expand
For the 10th month in a row, the size of the nation's mortgage workforce has expanded. Healthy job growth was reported for all industries.
Government Finalizes 3 Mortgage Actions
With just two days left in office, the Obama administration is close to bringing three mortgage-related actions to a conclusion.
US Jobs Report Weak as Mortgage Staffing Strong
Although the employment report for all industries was less than stellar, non-bank mortgage employment has expanded for nine consecutive months.
Mortgage Jobs Increase But Likely to Decline
Mortgage employment has expanded for eight consecutive months now, though recent market conditions are likely to lead to contraction.
Mortgage Employment Up Despite Broker Job Drop
The number of non-bank positions in real estate finance expanded despite a month-over-month decline in the number of mortgage broker employees.
Mortgage Broker's Attorney Dozes Off During Trial
A Pennsylvania mortgage broker who was convicted of mortgage fraud this week will get a second chance thanks to his lawyer dozing off during trial.
Wholesalers Expand Programs, Improve Process
Wholesale lenders have recently added subprime and conventional programs. One wholesaler launched an income verification tool, while another added a broker platform.
Mortgage Employment Highest In Nearly Decade
Despite a weak report on the U.S. job market, the number of people working in real estate finance has reached the highest level in nearly 10 years.