In settling the case with the government, BB&T admitted no wrongdoing…

Some good news: at least Wells Fargo's share price is not in Ocwen territory...

The baseline agency conforming loan limit likely will rise slightly next year…

The compensation plan is available to LOs of Atlantic Bay who originate more than $14.0 million in retail loans in a calendar year.

Impac is forecasting $12 billion in originations this year, up 29.0 percent from 2015…

ALTA CEO Michelle Korsmo: “We’ve heard countless stories from ALTA members about consumer confusion at the closing table…”

Maybe calling a delinquent borrower 12 times a day is too much...

Atlantic Bay Mortgage Group recently started offering its loan originators a unique option in terms of compensation: a share of the servicing fee. More than 90 percent of loan originator compensation plans are based on an LO’s volume, according to surveys conducted by Stratmor Group. Atlantic Bay’s Progressive Earnings Plan allows LOs to earn an annuity stream of income from mortgages when the lender retains the servicing. Rebecca Chaney, a senior executive vice president of legal affairs at Atlantic Bay, likened...

Meanwhile, other lenders said they are hearing reports of correspondent originators slowing down the sale of closed loans to Wells.

However, Georgetown University professor Adam Levitin is challenging the findings of his DC-area colleagues.