“The buyer did exactly what the contract allowed it to do, namely, determine that a loan was defective and demand repurchase,” Judge Wollman wrote in his ruling.

At some lending shops, almost 100 TRID technology updates have been implemented...

The VA county loan limits do not apply to Interest Rate Reduction Refinancing Loans...

The group’s combined production-related income fell a lot more than their actual origination volume, which was down 5.8 percent from the second quarter...

The new approach is expected to be a more cost-effective route than going through the repeated repurchase requests that have plagued lenders over the years.

The bank's expansion into government lending comes after a noticeable decline in its share price...

No purchase price was disclosed. The deal was first hinted at Friday on IMFnews.

The higher loan limits take effect Jan. 1. Sullivan said consumers are likely contacting the resource center to get in last-minute questions.

We’re hearing more chatter of mortgage lenders starting a loan officer “scorecard” approach to grading their salesmen and women...

The BofA spokesman, when asked by Inside Mortgage Finance whether the bank will deliver fewer loans going forward, declined to comment.