According to President Jerry Selitto, the company used traditional LOs when it launched in 2016, but then switched gears “after we realized that’s not the model we wanted.”

December 2016 represented the 56th straight month of annual home price appreciation, with values rising 5.5 percent over the course of the year…

Home equity lending at First Republic totaled $414.3 million in the quarter, off 8 percent from the prior period.

Then again, compared to the same period a year ago, Wells' production is just about flat...

“Ever since Trump was elected, we’ve been so busy,” said Citadel founder and CEO Dan Perl…

It’s a safe bet that CitiMortgage will no longer be a top-10 ranked residential servicer…

The compensation figures for both men include salary, stock awards and other forms of income.

Wells Fargo Co. ranked third with $21.1 billion of ARM originations in 2016…

Jeff Detwiler, president of Long & Foster, which also owns a mortgage banking firm, said the company’s attrition rate “is at its lowest.”

The CFPB is not letting any grass grow under its feet on the examination and supervision front, the bureau’s latest semi-annual report to Congress shows. Under its previous Examiner Commissioning Program (ECP), which became effective Oct. 27, 2014, the agency had issued 173 commissions to examiners, field managers, and headquarters staff. Under the new ECP, an additional 20 examiners have achieved commissioned examiner status, bringing the total number of commissioned examiners to 187, which accounts for attrition through retirement and departures from the CFPB. On the technology front, the bureau is upgrading its existing examination management software. “The new system will aid the CFPB in supervising and enforcing federal consumer financial law by utilizing current technology to support monitoring of ...