If the CFPB is successful in its case against Castle & Cook, will the loan officers have to pay back the bonus money?

NAR's oposition falls primarily in two areas: The PATH Act does not include an explicit federal guaranty and the bill dramatically restructures the FHA.

The hiring news isn't all bad in mortgage banking: Skyline Home Loans is looking for loan officers and Highlands recently hired some top executives.

The easy money may be over for mortgage IPOs, but that doesn't mean deals won't get done.

The rating services have raised concerns about the representations and warranties on the new JPM jumbo deal as well as geographic concentration risk.

Loan applications are strong at Citadel, a newly launched nonprime lender. HUD goes on furlough for a day.

Purchase money lending will increase in 2014 but overall originations could swoon, according to a revised forecast from Fannie Mae.

Some of the nation's largest home lenders are beginning to cut mortgage workers as refinancing applications swoon.

In general, mortgage-related earnings were strong at the nation's banks in the second quarter, but clearly earnings "leakage" is underway. And yes, gain-on-sale is starting to slip.

Negative home equity is not an important barrier for a homeowner to decide to move elsewhere for a better job, although underwater homeowners are probably more likely to move than borrowers with equity in their homes, according to researchers at the Federal Reserve Bank of Cleveland. The study presents evidence debunking the theory that homes with underwater mortgages deter unemployed people from moving to get new jobs. The “lock-in” theory holds that unemployed people with negative equity could ...