PrimeLending claims First Community Mortgage encouraged employees to bring trade secrets with them when they shifted companies.

A new year has commenced, with originators of all sizes trying to figure out the best way to stay afloat until rates fall markedly and conditions improve. The biggest challenge, perhaps: cash burn.

Prices have come back down to earth for mortgage servicing rights, especially for Ginnie product. But what about reverse FHA-backed MSRs? Sometime this quarter GNMA will find out as it moves to resolve its legal rights regarding RMF.

MBA's Killmer believes the lower chamber will be reactive, rather than proactive, on housing issues...

Lowrie worked in the mortgage finance industry for roughly 40 years, most recently as president and CEO of Dytrix...

The NYDFS, in a carefully worded statement, said the guidance would be a “basis for supervisory dialogue.”

PrimeLending is the nation's 35th largest originator, according to figures compiled by Inside Mortgage Finance.

The bonus was previously disclosed but the payment is being accelerated...

Year-to-date, home equity conversion mortgage volume is up a dramatic 49.9% compared to last year. But volume dropped sequentially for the first time in seven quarters. (Includes three data charts.)

Real estate agents can now also act as loan officers on the same single-family mortgage transaction. But smaller lenders worry that larger competitors will wipe out referral business by hiring dual-purpose employees.