More evidence that the government has a hard time holding on to victories in subprime-related mortgage cases...

Sky high housing costs in the Bay Area prompts one lender to roll out a $2 million jumbo loan, no money down...

Stonegate Mortgage is the top contributor to the deal with a 32.3 percent share, followed by Prime Lending with a 21.6 percent share...

What year-end slow down? Michigan Mortgage is searching for 14 new employees for ten of its 28 locations. A majority of the jobs are for loan officers and underwriter positions...

Fleig said Fannie’s new policy has prompted some questions as industry participants haven’t seen a draft of the subordination agreement seller/servicers will have to sign.

Jumbo mortgages remain the product of choice for bank portfolios, though some lenders are retaining originations of conventional-conforming mortgages.

In addition to state law, federal laws address cross-selling issues. The Real Estate Settlement Procedures Act, for example, covers referrals of settlement service business, like residential mortgage loans.

“Some of you work the regular hours with minimal extra ... and this will not work,” an assistant vice president and underwriting manager at Franklin American said in an email to underwriters...

Among the top five jumbo lenders, only Chase was able to increase its production between the second quarter and the third quarter.

Hope Now said 75,969 foreclosure sales were completed in the third quarter of 2015, a 15.0 percent sequential decline and down 30.8 percent compared to 3Q14