Origination News Headlines http://www.nationalmortgagenews.com/feeds/ON.xml Daily headlines from Origination News en Copyright 2009, SourceMedia, Inc. and Origination News. All rights reserved. Fri, 20 Nov 2009 20:46:02 EST andras.malatinszky@sourcemedia.com Mortgage Technology News http://www.originationnews.com/images/on_logo.gif http://www.originationnews.com/ 278 60 HUD to Pose Pointed Questions on Reverse http://www.originationnews.com/plus/ The Department of Housing and Urban Development will soon publish an advance notice of rule making concerning reverse mortgages that the agency's official who oversees the Home Equity Conversion Mortgage program says "a lot of people may find disconcerting." 2009-11-19 12:00:07 Freddie Survey Finds 30-Year Rate Approaching Record Low http://www.originationnews.com/plus/ The average 30-year primary market mortgage rate tracked by Freddie Mac is nearing a record low not seen since April. 2009-11-19 12:00:06 Reverse Lenders Face Another Haircut http://www.originationnews.com/plus/ Still bristling from the Federal Housing Administration's decision in late September to cut "principal list factors" by roughly 10% across the board as of Oct. 1, reverse mortgage lenders are now bracing for another haircut, this one probably around Jan. 1. 2009-11-19 12:00:05 Triad MI Receives Delisting Notice http://www.originationnews.com/plus/ Triad Guaranty Inc., a mortgage insurer that is in self-liquidation mode, has received a delisting notice from the NASDAQ. 2009-11-18 12:00:08 Technology CU Offers Jumbo Loans Up To $1 Million http://www.originationnews.com/plus/ Technology Credit Union of San Jose has introduced a new five-year jumbo ARM and is willing to fund mortgages up to $1 million in the high-priced San Francisco Bay Area. 2009-11-18 12:00:06 Fannie Mae Forecasts an Origination Drop for 2010 http://www.originationnews.com/plus/ Residential originations will decline by almost 30% next year to $1.38 trillion as rising interest rates put a crimp on new originations, according to a new forecast from Fannie Mae. 2009-11-18 12:00:03 Weekly Refinance Market Share Reaches Highest Level Since Mid-May http://www.originationnews.com/plus/ The market share of refinance applications for the week ended Nov. 13 is at its highest level since mid-May, the Mortgage Bankers Association Weekly Mortgage Applications Survey found. 2009-11-18 12:00:02 Single-Family Starts Drop 6.8% as Multifamily Plummets 33% http://www.originationnews.com/plus/ Single-family housing starts dropped 6.8% in October from the previous month while multifamily starts plummeted 33% to the slowest pace on record. 2009-11-18 12:00:01 OCC Calls for Worldwide Ban on Pay Option/Negative Amortization Loans http://www.originationnews.com/plus/ Comptroller of the Currency John Dugan said regulators worldwide should prohibit lenders from making payment-option adjustable-rate mortgages and other negative amortizing products. 2009-11-18 12:00:00 The Yield on the 10-year Treasury Continues Drop http://www.originationnews.com/plus/ The yield on the benchmark 10-year Treasury continued its drop Tuesday, suggesting that the recent downward drift in mortgage rates might continue. 2009-11-17 12:00:04