Earnings generated by banks and thrifts through mortgage-banking activities fell again in the fourth quarter. Chase was among a handful of larger players to buck the trend, based on an analysis of call reports. (Includes data chart.)

Trade groups recommended VA establish a permanent partial claim program that allows servicers to combine a partial claim with a loan modification for borrowers that need to reduce their monthly payments.

The proposal outlines the process and documentation requirements related to a borrower’s request for a review of their appraisal results.

The Michigan mortgage giant is one of several major lenders gambling that the opportunity to lower rates will attract more homebuyers.

Wells Fargo, the bank with the largest first-lien portfolio, is still under growth constraints placed on it by the Fed...

The DFS said Freddie’s decision “disrupted the ability” of lenders to assess whether a loan is subprime...

Jumbo lending through brokers plunged 52.0%...

During the mortgage boom of 2020-2021, some mortgage CEOs went on a mansion-buying spree.

In 2018, Nicholas and Sharon Honchariw took out a $5.6 million bridge loan from FJM, eventually defaulting on it...

Production of jumbo mortgages in all three channels was down from the second quarter, but correspondents posted a relatively smaller decline than retail producers and brokers. (Includes data chart.)