Headlines

Effective July 31, the Texas-based bank will shut down its mortgage origination business, and shift its focus towards full-service banking and mortgage servicing options.

The MBA reports April marked the third consecutive month of year-over-year growth in new home purchase apps, as the mortgage rate environment continues to factor into homebuying and selling decisions.

Assuming the role of CFO from Allen Parker, Hofmann will oversee Zillow's finance, corporate development, strategy, and investor relations teams.

Home values are up 1% from March to April, with a new report from Zillow revealing the market sits firmly in sellers' favor as rising demand continues to meet low supply.

For the tenth time, the Federal Reserve raised the nominal interest rate—this time by 25 basis points. Click through for comments from the Fed and other industry leaders.

“Our government invited us and others to step up, and we did,” said Jamie Dimon, Chairman and CEO of JPMorgan Chase.

Founder of Compliability Solutions LLC will oversee the Editorial Advisory Board for MortgagePoint magazine in new role, drawing upon his expertise in the regulatory compliance field.

The new team, led by District Manager John Lowe, includes 40 managers, loan officers, and support staff, responsible for more than $350 million in annual production.

Title insurance and real estate settlement services provider welcomes back David Jenkins as SVP, National Agency Manager, and promotes Tim Hooper to SVP, Mid-Atlantic Regional Manager for the company’s Agency Operations.

Title and escrow industry veteran promoted to new role with global title insurance and underwriter, tasked with leveraging new and existing technologies to grow the firm.