Headlines

U.S. Bancorp and the PNC Financial Services Group Inc., reported Friday morning that net income at both banks is down from the previous year, and the results for mortgage banking revenues at both banks followed right along.

The investment banking firm is the latest on a list of banks to agree to settle federal and state investigations probes for allegedly selling bad RMBS in the time period leading up to the financial crisis.

JPMorgan Chase, one of the nation's largest lenders, announced Thursday that their fourth quarter earnings wrapped 2015 on a positive note, but could trouble be brewing in the mortgage banking division of the company?

As Fannie Mae sees it, the year ahead will be less like a person in love and more like one in a satisfying longterm relationship. Growth in the U.S. housing market will continue for its seventh straight year, but there will be bills to pay.

Appraisers and homeowners just cannot seem to find common ground in valuing their home, but they are getting closer to seeing eye-to-eye.

According to CoreLogic, this will mark the first time in history that a single multiple listing platform has served more than half a million users on the internet.

Co-founder of National Asset Advisors Tom Reaves, who has partnered with NoteSchool for over 10 years, was given a lifetime achievement award at the NoteExpo Convention "for his “high moral business standards, visionary leadership, entrepreneurial spirit, and his lifetime commitment to the Note Industry.”

Citing under production in the homebuilding sector, NAR Chief Economist Lawrence Yun predicts home prices will continue to rise in 2016…but can such increases match the pace of expansion seen in 2015?

Although Fitch Ratings expects housing and mortgage markets to experience a reduction in activity in 2016, compared to the booming year we have had in the industry last year, they do not project the picture to be totally bleak.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Monica Orluk, Director, Sales Engineering at Fiserv Lending Solutions advises lenders on how they can attract younger homebuyers with two simple methods.