Bank United, a national bank headquartered in Miami Lakes, Florida with 98 banking centers in 15 Florida counties and six banking centers in the New York metro area, has announced that it will no longer be originating mortgages, effective immediately.

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.

In December, during their final meeting of the year, the Federal Open Market Committee decided to raise the federal funds rate. Since then, the mortgage industry has been anticipating the effect this will have on the housing market, but so far, that effect has been little to none.

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?

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.”

Investors looking to purchase properties in thriving housing markets would be wise to be wary of the state of the economy in the markets where they shop.

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.