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

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

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

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...

The new approach is expected to be a more cost-effective route than going through the repeated repurchase requests that have plagued lenders over the years.

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.

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

The seven-year-old era of zero interest rates finally came to an end this week when the Federal Reserve began what may be the first in a series of small rate hikes, opting for a modest 25 basis point rise in the federal funds rate. However, the U.S. central bank also implied it expects four more quarter-point interest rate increases next year. The median projection among Fed Open Market Committee participants for the federal funds rate rises gradually to nearly 1.50 percent in late 2016 and 2.50 percent in late 2017, Fed chair Janet Yellen said in discussing the central bank’s latest moves. Further, as the factors restraining economic growth continue to fade over time, in their view, the projected median rate rises...

The Ginnie Mae share of total mortgage debt outstanding hit a record 15.2 percent at September 30, according to exclusive survey figures from Inside Mortgage Finance...

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