preview | full story | April 23 Although company-wide earnings ascended at SunTrust Banks Inc. -- mortgage income, originations and third-party servicing were all down on a quarterly basis.
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April 20 A week-over-week decline in new purchase-money activity was more than offset by an increase in refinance business. But the year-over-year tumble in purchases more than offset the surge in refinances.
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April 20 First the president tweeted it. Then the company warned about it. Now it is official: Wells Fargo & Co. has agreed to a $1 billion settlement with federal regulators.
preview | full story | April 19 A planned expansion in the Washington, D.C., area by JPMorgan Chase & Co. will bring thousands of new jobs, including mortgage positions, to the region.
preview | full story | April 19 It's been more than four years since long-term mortgage rates have been as high as they were this week. In the upcoming week, fixed rates are likely to deteriorate even more.
preview | full story | April 19 The former chairman and chief executive officer of a previous ditech.com affiliate has become the CEO and president of the company that now operates as Ditech Holding Corp.
preview | full story | April 19 Delinquency on residential loans turned sharply lower last month as the impact from last year's hurricanes shifted to new foreclosure filings.
preview | full story | April 19 After spending nearly three decades with Ocwen Financial Corp., the mortgage firm's president and chief executive officer is leaving the company.
preview | full story | April 18 Company-wide earnings improved at U.S. Bancorp, but mortgage income worsened. Home-lending volume was solidly lower. As residential servicing and assets grew, delinquency decreased.
2017 Biggest Mortgage Lenders and Servicers
Mar. 26
In the latest ranking of mortgage lenders and servicers, non-bank lenders gave up market share last year as overall mortgage originations turned lower on a quarterly and annual basis.
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Reverse Mortgage Lender Settles With HUD
Mar. 26
A settlement has been reached with a reverse mortgage lender that allowed someone to sign loan documents even though he didn't have the authority to do so.
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Fraud Less Likely On ARMs Than Fixed-Rate Loans
Mar. 29
A report that measures the risk of fraud on home-loan applications says that risk on loans with adjustable rates is lower than on fixed-rate mortgages. The report indicated a year-over-year rise in overall risk.
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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
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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
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