The PNC Financial Services Group's residential mortgage banking division faced losses at the start of the year due to losses related to mortgage servicing rights and lower loan sales.
Read More »Reevaluating The Mortgage Interest Deduction
While the industry shudders at the thought of a change to the cherished mortgage interest deduction, the future of homeownership could stand to benefit from such a change.
Read More »Wells Fargo’s Profits Fold Under Pressure
With intense pressure stemming from falling oil prices, historically low interest rates, and volatile financial markets profits at San Francisco-based Wells Fargo did not come in strong for the first quarter of 2016.
Read More »Are Stated Income Loans Re-entering the Market?
Stated income loans were huge contributors to the housing crisis, but they are making a very quiet reappearance in the housing market. Should the industry be concerned?
Read More »The TRID Effect on Lender Securitizations
The implementation of the CFPB's TILA-RESPA Integrated Disclosure rule brought a number of both changes and headaches for originators, but what will be the impact on loan securitizations?
Read More »The Emergence of the Online Personal Mortgage
Marketplace lenders, who mostly conduct their business through unsecured personal loans, are beginning to step further into the online space to offer mortgage loans to borrowers.
Read More »First Mortgage Origination Balances Way Up In 2015
First mortgage balances experienced a massive year-over-year jump, driven by an uptick in both rising home-purchase activity and solid refinancing volumes, according to the latest Equifax National Consumer Credit Trends Report, released Wednesday.
Read More »Buyer Behavior—Emotional Factors Drive Purchase Decisions
Bank of America’s first-ever look at homebuying trends has found that more buyers want a home more than they want an investment in property.
Read More »Homeownership Rate Below Peak Levels Across All Ages
Which age group's homeownership rate is the furthest from its peak 10 years ago?
Read More »Cultivating Talent Within Mortgage Loan Officer Channels
Kevin Gillen, General Manager, Mortgage at TD Bank sat down with MReport to discuss the the state of talent and competition in the industry and what it’s doing to cultivate top tier talent within its mortgage loan officer channel.
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