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Last Updated February 10, 2016 5:56 PM Central
MOST READ (Past 7 Days)

Mortgage Originations Nearly Double at Leader One

preview | full story | Feb 10
Annual residential lending at LeaderOne Financial Corp. nearly doubled last year, with the mortgage banking organization achieving a milestone in 2015.

Mortgage Executives Recruited, Promoted

preview | full story | Feb 10
Several residential lending firms have recently recruited or promoted executives. Among the areas of responsibilities for the group are third-party originations, mortgage servicing and mortgage technology.

TRID Error by CFPB

preview | full story | Feb 10
The correction of a typographical error in the final rule on integrate disclosures clarifies that certain costs won't be included in allowable tolerances.

Annual Business Doubles at Arch M.I.

preview | full story | Feb 10
Despite a quarter-over-quarter blip in new business at Arch Mortgage Insurance Co., annual activity more than doubled. Meanwhile, defaults declined.

Mortgage Refinance Applications Jump, Could Rise More

preview | full story | Feb 10
Tumbling interest rates had more borrowers initiating the refinance process, and the latest market conditions could boost refinances further.

Mortgage Business Grows at Lake Michigan FCU

preview | full story | Feb 9
Home lending activity increased at Lake Michigan Credit Union, as did the size of its residential loan servicing portfolio and its mortgage staff.

Home Lending Falls at First Republic

preview | full story | Feb 9
Quarterly home lending, as well as annual activity, was down at First Republic Bank. Although the servicing portfolio contracted, residential assets expanded.

Impac Loses Appeal in MBS Insurance Lawsuit

preview | full story | Feb 9
A federal appeals court has ruled against Impac Mortgage Holdings Inc. in a lawsuit over insurance coverage on mortgage-backed securities.

Attorneys Blame BofA for Clients' Mortgage Fraud

preview | full story | Feb 9
Attorneys for three defendants are trying to convince a federal judge that Bank of America Corp.'s lax lending policies were responsible for their clients' mortgage fraud.

HUD Duped by Closing Attorney

preview | full story | Feb 9
A closing attorney who is accused of defrauding the Department of Housing and Urban Development out of more than $1 million has been arrested.

mortgage news archives back to 1999

Former SunTrust Executive, Relatives Convicted
Feb. 5
A former executive at SunTrust Mortgage Inc., his wife and two brothers-in-law have been convicted for running a mortgage fraud scheme.

<read full story>

Stonegate Reduces Headcount as Originations Sink
Feb. 1
Quarterly residential lending activity turned sharply lower at Stonegate Mortgage Corp., as did the size of the mortgage banker's staff.

<read full story>

Ocwen, BofA Face Excessive Mortgage Complaints
Jan. 29
Based on their respective market shares, Ocwen Financial Corp. and Bank of America Corp. have faced an excessive number of complaints.

<read full story>

Nearly 600 Mortgage Jobs Cut by Wells Fargo
Feb. 4
Improving loan performance and weak demand for new home loans has Wells Fargo & Co. laying off nearly 600 mortgage employees.

<read full story>

Report: Consumers, Small Banks Hurt by Dodd-Frank
Feb. 1
New research indicates that small bank count has fallen and mortgage costs have risen since implementation of the Dodd–Frank Wall Street Reform and Consumer Protection Act.

<read full story>

MORTGAGE VIDEO NEWS mortgage video news
Lack of GSE reform at heart of concerns
Henry Paulson Worries About Another Crisis
The former secretary of the Department of the Treasury who presided over the 2008 financial crisis is worried that conditions are ripe for another such event.
<watch video>
Video of interviews
Cordray Spars With GOP
The head of the Consumer Financial Protection Bureau made his way to Capitol Hill this week to deliver his semiannual report to lawmakers.
<watch video>
Video of interviews
The Players in Richmond's Eminent Domain Plan
Two of the key players in the battle between mortgage investors and and backers of an eminent domain plan talk about the controversial scheme, while a Realtor says his town has no business participating in the plan.
<watch video>
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