Origination News

FHFA Proposal Could Force Price Hikes for Mortgage Insurance

Lower rates of return would require insurers to charge higher premiums or stop covering loans to borrowers with lower credit scores. (You know, the ones the government wants to help?)

Servicing

Risk Management

Latest Headlines

FormFree Wins Patent for Automated Asset-Verification System

FormFree Holdings, a mortgage technology vendor in Atlanta, received a U.S. patent for its automated asset verification system, AccountChek.

Kofax Launches Borrower-Facing Online Document Capture Tech

Document imaging and data processing firm Kofax has launched new consumer-facing technology designed to make it easier for borrowers to submit their financial information for a mortgage application.

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Sales of Existing Homes Rise to Eight-Month High

Sales of previously owned homes climbed in June to an eight-month high as more listings helped prices cool, luring buyers into the market.

Washington Trust Profits from Mortgage Gains, Lower Expenses

Washington Trust rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.

Mortgage Grapevine

Underwriting a customer with income-based student loans

Incorrect foreclosure findings on LP for HARP-eligible borrowers

Question about when the FHA foreclosure timeline starts

How to get a commercial loan financed

Originations Will Increase 17% in 2Q, KBW Says

It's Official: Altisource Is Buying Mortgage Builder

B of A Puts Countrywide Vet in Charge of Mortgage Lending

Peoples in N.C. Boosts Profit as Mortgage Lending Strengthens

ReadyCap Acquires CIT Group's Small Business Lending Unit

Republic Misses Estimates as Mortgage Income Slides

From Our Blogs

"We are jumping through hoops every day to comply with regulations," said Mike McHugh, the president and CEO of Continental Home Loans, in Melville, N.Y.

Nonbank Mortgage Lenders Livid Over FHFA Watchdog Report

Independent mortgage lenders are concerned that regulators will use the report as an excuse to raise minimum net worth requirements for smaller lenders.