Origination

The tightened credit box routinely blamed for curtailing a full-blown housing recovery turned a corner in the second half of 2015, with Quicken Loans reporting originations to borrowers with credit scores as low as 580.

When it comes to customer service, responsiveness, mortgage rates and closing costs, HomePlus Mortgage ranked first in a poll of loan customers conducted by online lending marketplace LendingTree.

Mortgages were most complained about at Ocwen and Nationstar Mortgage, but Ocwen's complaints have fallen 16 percent overall from in the last three months, while Nationstar's complaints rose 11 percent.

Mortgage loan application defects are becoming less prevalent in the housing market as the Ability-to-Pay rules are reducing fraud risk related to income, while misrepresented income is more likely to be caught on a loan application.

Existing-home sales in October, although still healthy, fell from September’s spike, as home supply remains low, consumers have fewer options to choose from, and affordability issues persist in some markets.

Home sales in October settled down from the booming summer season, dropping 7.7 percent from September, and 0.8 percent year-over-year, RE/MAX's October 2015 National Housing Report showed.

Despite the housing industry's major strides in recovery since the crisis, mortgage access among minorities remains a problem, locking them out the market.

Mortgage originations in the housing market rose significantly over the last year thanks to the positive overall credit picture in the U.S., along with a rise in the ...

Satisfaction among mortgage customers has improved overall this year as lenders have shifted their focus to developing functional digital channels and improving operational efficiency.

A statement filed with the Securities and Exchange Commission on Tuesday showed that loanDepot was planning to offer 26.4 million shares of its common stock on Friday, valued at $16 to $18 per share. The move was expected to raise $475 million for the company, which was to be valued at $2.6 billion.