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...

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

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

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

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

The share of home-purchase transactions that closed on time in November declined compared with October for all six loan types tracked by HousingPulse...

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

Initial industry reaction to the rate hike was muted. Late this week, mortgage rates hardly budged...

Rod Alba of ABA offered up this sobering thought: for violating the TRID rule, lenders could be fined up to $5,000 per violation, per day.

More than two months into the Consumer Financial Protection Bureau’s integrated disclosure rule, known as TRID, many lenders apparently are still at the mercy of their technology vendors to get fully and finally up to speed. “Our members report that problems and glitches are still prevalent everywhere,” said Rodrigo Alba, senior regulatory counsel at the American Bankers Association, during a webinar this week sponsored by Inside Mortgage Finance, an affiliated publication ...