As of early November, PrimeLending had 1,336 LOs registered on the Nationwide Multistate Licensing System.

MBA’s Pete Mills noted that IMBs of all sizes from small to large are examined each year…

Lenders continue to worry about examiners critiquing them on issues not based in law…

Early last decade, Fannie common once traded as high as $85.03, Freddie $68.20.

The dollar volume of low-score purchase loans increased by 29.8 percent from the second to the third quarter, while total GSE purchase business went up 23.6 percent.

Gone from the Senate, via retirement, is Sen. Bob Corker, R-TN, a moderate Republican who was a proponent of reforming the secondary mortgage market…

One loan broker said business has been so slow that it’s like, “going into a hockey rink overnight: Dead quiet.”

United Wholesale Mortgage continues to hire...

The CFPB and the Federal Housing Finance Agency last week for the first time released survey results from the National Survey of Mortgage Originations, a loan-level dataset the two agencies administer jointly. The quarterly survey queries borrowers about their experiences getting a mortgage, their perceptions of the mortgage market, and future expectations among others. The data cover closed-end first-lien residential mortgages newly reported to one of the ...

An Illinois-based mortgage company will pay $1.2 million in restitution to consumers after a state investigation found a company’s branch manager defrauded consumers. Diamond Residential Mortgage Corp., Lake Forest, IL, recently settled with Illinois Attorney General Lisa Madigan and the Illinois Department of Financial and Professional Regulation, resolving a mortgage fraud allegation. Diamond’s Springfield branch manager, Chris Schaller ...