Lenders should stay as far away as possible from even the appearance of basing any part of a loan officer’s pay on the terms of a mortgage. During an Inside Mortgage Finance webinar this week, Amy Durant, an attorney with the Bodman law firm in Ann Arbor, MI, emphasized the importance of the restrictions on compensation that are embedded in a Consumer Financial Protection Bureau rule. The rule states...

The fourth quarter was Nationstar’s worst production quarter of the year.

However, the broker channel generated $117 billion of new originations, the lowest reading since 1995.

CMG Mortgage is the top contributor to the jumbo MBS with a 14.3 percent share, followed by EverBank Financial (8.3 percent) and Bridgeview Bancorp (5.7 percent).

Walter's cash-flow declined noticeably: For the full year, revenues came in at $1.5 billion, a decline of $315.3 million or 17 percent...

Closing delays related to appraisals, title search, insurance and property inspections have all increased in terms of market share in recent months, led by appraisal issues.

Although Walter Investment Management lost a ton of dough in 2014, it sees brighter days ahead...

Kevin Watters said Chase has reduced its mortgage staffing levels due to declines in originations and improvements in mortgage performance.

Last year, House appropriators turned down a request that would have allowed the FHA to charge a fee of 2 to 4 basis points to lenders prospectively...

Experian led the pack in terms of complaints with a cumulative total of 15,847.