Across the country, mortgage complaints accounted for a smaller share of overall complaints last year than in 2016. States where the share of mortgage complaints are highest are all on the East Coast. Of all complaints filed by consumers with the Bureau of Consumer...
For the first time since it began reporting mortgage servicing data six years ago, Quicken Loans Inc. has pushed the servicing portfolio past $300 billion. Originations and staffing, meanwhile, held steady. The aggregate unpaid principal balance of residential loans...
A sharp decline in quarterly retail originations at SunTrust Banks Inc. drove overall home lending lower as mortgage earnings sank. But the size of the financial institution’s mortgage servicing portfolio has increased over the past year. Atlanta-based SunTrust...
A whistleblower will receive nearly $2 million for her role in a lawsuit alleging Universal American Mortgage Company LLC approved loans for government insurance that didn’t qualify. As a mortgagee with direct endorsement authority from the Federal Housing...
Monthly residential government-insured mortgage production was nudged up, though commercial real estate endorsements plunged. The book of business continued to grow. At the end of August, the Federal Housing Administration had insurance in force on 8,622,052...
