http://www.nationalmortgagenews.com/feeds/ON.xml Daily headlines from Origination News en Copyright 2009, SourceMedia, Inc. and Origination News. All rights reserved. Thu, 2 Jul 2009 20:46:02 EDT andras.malatinszky@sourcemedia.com http://www.originationnews.com/images/on_logo.gif http://www.originationnews.com/ 278 60 http://www.originationnews.com/plus/ The recent rise in interest rates has apparently brought a crashing halt to the rapid decline in the Eleventh Federal Home Loan District Cost of Funds Index. 2009-07-01 12:00:08 http://www.originationnews.com/plus/ May was the worst month of the year so far in terms of primary new insurance written by the members of the Mortgage Insurance Cos. of America. 2009-07-01 12:00:07 http://www.originationnews.com/plus/ A report from analysts at Keefe, Bruyette and Woods said the decline in this week's refinance component of the Mortgage Bankers Association Market Composite Index suggests that any benefit from the Federal Reserve's agency mortgage-backed securities purchase program has largely dissipated. 2009-07-01 12:00:06 http://www.originationnews.com/plus/ Existing home sales bottomed out in the first quarter and sales should be up 3% when the final numbers come in for the second quarter, according to National Association of Realtors. 2009-07-01 12:00:05 http://www.originationnews.com/plus/ In an effort to pre-empt plans to bring credit unions under a new Consumer Financial Protection Agency, National Credit Union Administration chairman Michael Fryzel has proposed the creation of the agency's own consumer protection office. 2009-07-01 12:00:02 http://www.originationnews.com/plus/ A strong Consumer Financial Protection Agency would even the playing field so community banks would not have to compete against unregulated mortgage bankers in offering products and services, according to the Treasury Department. 2009-07-01 12:00:01 http://www.originationnews.com/plus/ Freddie Mac's board of directors has selected Charles E. Haldeman Jr., a top executive at Putnam Investments, to be its next chief executive, according to a source familiar with the matter. 2009-07-01 12:00:00 http://www.originationnews.com/plus/ The National Association of Mortgage Brokers has elected Jim Pair to be its president for 2009-2010. 2009-06-30 12:00:08 http://www.originationnews.com/plus/ Genworth Financial Inc., Richmond, Va., has priced the initial public offering of its Canadian mortgage insurance subsidiary, revealing that it hopes to raise up to $730 million (U.S.) 2009-06-30 12:00:07 http://www.originationnews.com/plus/ The deterioration of the mortgage market and rising foreclosures and delinquencies is expected to cause increasing losses on billions of dollars of mortgage-backed securities being held by corporate credit unions, according to the National Credit Union Administration. 2009-06-30 12:00:05