Would-be homebuyers are hesitant to take the plunge thanks to downpayment misconceptions, according to the National Association of Realtors. In NAR’s third-quarter survey of more than 2,500 consumers, many reported that they were not aware of the low downpayment mortgage options in the market today. This was true across all income and education brackets. The downpayment confusion was...

One mortgage CEO who runs a California-based shop told IMF his firm recently was in a pinch and paid a $1,500 “rush fee” to an appraiser to get a deal done on time.

Freddie expects originations to hit $2.0 trillion this year, a 14.3 percent sequential improvement…

The privately held Stearns Lending is already “offering mortgage banking services” to the homebuilder’s customers…

Margaret Sweeny, the judge presiding over the case, is growing increasingly frustrated with the government’s attempt to keep documents out of the public domain

So, what’s wrong with banks and financial service companies offering sales quotas? Nothing at all, if...

Despite improvement in securitization returns, jumbo whole loan sales are still more profitable, KBW said.

In fact, these two categories are responsible for more than 75 percent of all defects.

Will a potential residential mortgage customer bolt Wells Fargo because they can’t trust the bank’s employees, including its retail loan officers?

All of the second-quarter increase can be attributed to Bank of America, which reported $372.0 million in repurchases for the period – up $67.0 million from the first quarter.