Roughly 71.0 percent of second-quarter primary-market originations of first-lien mortgages were purchase loans, the highest reading in years…

The clock is ticking on Richard Cordray’s political ambitions in Ohio…

In its new bank-statement program, Citadel will make mortgages of up to $3 million…

Walter has a market capitalization (stock price multiplied by number of shares) of just $11.8 million…

The FHFA estimates that roughly 143,000 GSE borrowers are still eligible to use the HARP program.

The company is also working with Stewart Title...

Mortgage closings moved out of the office years ago to places more convenient for borrowers. Now, technology allows closing to occur without all the parties being present in the same place. United Wholesale Mortgage claims to be the first lender to have completed a “virtual e-closing” with a refinance that closed at the end of July. The lender allowed the borrowers and notary to use webcam technology and electronically sign all of the closing documents. Previously, lenders offering e-closings have required some in-person contact with a notary to e-sign closing documents. “This ultimately eliminates...

Under this test, an employer must show that the employee is paid at least $455 per week…

Another digital lender that’s hiring is NewFi Lending of Emeryville, CA…

If the $10.4 billion figure proves accurate it will result in another hefty dividend payment by Fannie and Freddie to the holder of its senior preferred stock: the U.S. Treasury.