Mortgages

The Federal Housing Finance Agency announced the extension of the Home Affordable Refinancing Program through September 2017 as well as the creation of a new program for those with high loan-to-value ratios.

A long-running dispute between the Department of Housing and Urban Development and the agency's Office of Inspector General over down payment assistance programs is beginning to have an impact on lenders.

The Federal Housing Finance Agency is seeking to make it easier for Federal Home Loan Banks to accept certain kinds of collateral for advances.

New specifications for Fannie Mae and Freddie Mac's common mortgage application unveiled Tuesday add data points and remove obsolete questions, as well as include additional capabilities to promote digital mortgage workflows.

Despite headwinds working against the mortgage insurance industry, this business could be the catalyst for bringing private capital back to the mortgage market.

The regional bank has consolidated all of its digital operations under a single leader. Find out what he thinks about customer expectations, bots, fintechs and the coming convergence of digital banking.

LoanDepot, a Foothill Ranch, Calif.-based company that offers mortgages, home equity loans and personal loans, has raised $150 million in term debt financing.

Arch U.S. MI's acquisition of United Guaranty Corp. will make one of the smallest private mortgage insurers the sector's new market leader. While the move is likely to ease pricing competition among the six remaining players, it's not expected to set off a wave of further consolidation.

Some observers are concerned that borrowers in energy-dependent regions, in an effort to compensate for pay cuts, are becoming overleveraged. But lenders say they are being prudent.

Mortgage servicers got what they asked for when the Consumer Financial Protection Bureau limited the specificity of certain requirements in its final servicing rule. Now they may regret it.

A Federal Housing Finance Agency rule that will force some members of the Federal Home Loan Bank System out next year is likely to have a material effect on several of the cooperative institutions.

Mortgage lenders can expand their businesses by catering to borrowers who aren't proficient in English, but doing so requires strategic recruiting and hiring and compliance with federal and state regulations.

Roger Ferguson is hedging his bet that regulators will go along with his plan to turn TIAA into a financial supermarket.

PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender's bankruptcy trustee told a Miami jury on Tuesday.

The Inspector General of the Department of Housing and Urban Development has found a new ally in his fight to reform the down payment assistance programs run by HUD and state and local housing finance agencies.

By buying EverBank Financial, the insurance and retirement savings behemoth will gain billions of dollars in low-cost deposits and access to many new lending products that it can offer to millions of clients.

The biggest change in banking in the last 60 years is the shift in balance sheets from business lending to real estate finance and therefore more risk tied to volatile real estate prices.

Regions Financial, Alabama's biggest bank, reached a preliminary agreement with the U.S. Department of Justice to resolve an investigation into mortgage abuses.

Independent mortgage banking and brokerage firms added a whopping 5,900 fulltime employees to their payrolls in June, according to a report issued Friday by the Bureau of Labor Statistics.

Settlements related to court fights over private-label mortgage-backed securities are significantly boosting the bottom lines at a few Federal Home Loan banks.