General Resource Center

As it continues taking steps to stem mortgage banking losses, HomeStreet Inc. has sold mortgage-servicing rights on nearly $5 billion in government-sponsored enterprise loans. Losses from its mortgage banking business widened to $6 million in the...

A dip in monthly securitizations at the Federal National Mortgage Association was more than offset by an increase in activity at both of its two housing finance counterparts. Between Fannie Mae, the Federal Home Loan Mortgage Corp. and...

As serious mortgage delinquency fell to the lowest level since last year at the Federal National Mortgage Association, new business jumped to the second-highest level this year. Fannie Mae disclosed in its monthly summary that its total book of...

These are uncertain times for Wells Fargo & Co. and its 5,100 employees here in St. Louis. A series of scandals having to do with aggressive sales quotas and altered business-customer documents has put the company in the regulatory and public...

This year has been busy for mergers and acquisitions in the mortgage industry. Some major and minor players have sold stakes in their business, while other prominent players are selling entirely. Guaranteed Rate Inc. reported on June 13 that the...

The former chief financial officer of a major financial news publication that provides consumers with mortgage data has admitted to accounting fraud. Bankrate.com publishes rates for consumers to compare financial products including depository...