The Federal Housing Administration is cracking down on down payment assistance programs, tracking the source of gift money.

Lawmakers worry about FHA's financial condition during Wednesday hearing.

First Guaranty is experiencing strong growth in its servicing business. Meanwhile, lenders worry about higher net worth requirements from the GSEs.

City National Bank of Los Angeles is entering the mortgage warehouse business.

Ally Bank will originate and keep jumbo mortgages in the bank's portfolio.

FHA is looking at $133 billion of troubled mortgages.

Mortgage bankers of all sizes continued to report strong earnings on their mortgage banking operations during the fourth quarter of 2012, but the salad days may be over.

The mortgage banking industry’s record level of profitability may have peaked, as gain-on-sale margins have already begun to slip and more dark clouds appear on the horizon, according to industry analysts.

Nationstar Mortgage may purchase the valuation and title division of another company.

Nationstar Mortgage closes on servicing deals.