Closing Resource Center

Quarterly originations slowed at Guild Mortgage Co. , though year-to-date volume ascended to an all-time high. The servicing portfolio reached a new record, and staffing hasn't changed much over the past year. The San Diego-based company reported...

Thirty-day delinquency jumped last month more than it has in a decade. But the level of foreclosures is now lower than before the recession. Residential loans that were either at least 30 days delinquent or in the foreclosure inventory numbered...

Revenues at Flagstar Bancorp Inc.'s home-lending business sank. But the financial institution has grown its mortgage asset and servicing portfolios over the past year. In the three months ended Sept. 30, income before income taxes worked out to $60...

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...

As home-lending volume slowed at BB&T Corp., mortgage earnings tumbled. But the financial institution grew both its mortgage investments and servicing portfolio. For the three months that finished on Sept. 30, BB&T's income before income...

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....

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...

Reverse Mortgage News Last Updated October 19, 2018 11:43 AM Central   FHA Endorsements Edge Higher, Book of Biz Grows Monthly residential government-insured mortgage production, including reverse mortgages, was nudged up, though commercial...

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...