preview | full story | Dec. 13 Several mortgage banking firms are being acquired, including two that are being picked up by banks. Two smaller Louisiana firms are merging, while a significant player is being purchased by another.
preview | full story | Dec. 13 Even though a decline was recorded for weekly mortgage applications, the share that were for refinances was the widest it's been in nearly a year. Jumbo rates suggest investors seek more jumbo product.
preview | full story | Dec. 12 The acquisition of a mortgage banker that specializes in home loans to veterans will boost Wintrust Mortgage's annual originations by nearly $1 billion and its servicing portfolio by more than $1 billion.
preview | full story | Dec. 12 For the second time this month, a mortgage lender has agreed to settle allegations by the Golden State of illegal interest charges. The latest settlement also resolves charges of unlicensed servicing.