Paul Muolo

The residential finance division of JPMorgan Chase plans to roll out a new mortgage origination technology platform next year.

Want to see a CFPB audit exam of a mortgage banking firm? As they say in Brooklyn, forgetaboutit.

Stonegate Mortgage Corp., Indianapolis, this week hired Rob Wilson as senior vice president of loan acquisitions.

Credit Suisse analyst Moshe Orenbuch writes in a new research note that management at Wells Fargo is "optimistic about the overall positioning of the mortgage business.”

Navy Federal Credit Union said it funded $1 billion of residential loans in October, a record for the company.

The Consumer Financial Protection Bureau said it will issue warning letters to at least 12 mortgage banking and brokerage firms that it says broke federal law in advertising loan products to consumers.

It looks like smooth sailing ahead for profitability in the jumbo space.

However, the third-quarter production results are notable for one other reason: some table funders are showing a huge increase in business, while others are experiencing a sizeable decline.

No, FHA isn't broke, not yet at least, but it may need to delay writing some claim checks to avoid tapping Uncle Sam.

In the third quarter Stearns Lending funded $3.1 billion of home mortgages, an 88% improvement over the past 12 months.

The Consumer Financial Protection Bureau said it will give residential lenders extra time to provide certain new disclosures required under the Dodd-Frank Act.

Underwater mortgagors may be declining -- or so the HUD secretary tells us.

Not only is FHA hiking premiums, but it will prevent all new mortgagors (going forward) to cancel their MI policy even if the loan-to-value ratio improves during the life of the loan.

The Department of Housing and Urban Development declared that it will announce “a series of changes” Friday that are “designed” to put the FHA fund back in a positive position “within the year.”

The Government National Mortgage Association earned $610 million for the year ending Sept. 30, compared to $1.18 trillion in fiscal year 2011.

Fannie Mae and Freddie Mac are now cash cows. But where will that money ultimately wind up?

Fannie Mae and Freddie Mac are turning into cash machines. But who will get that cash?

The Mortgage Bankers Association reported that all FHA loans—FRMs and ARMs alike—had a delinquency rate of 11.14% at Sept. 30 compared to 11.89% in June and 12.09% a year ago.

“I think it’s reasonable to expect that premiums will rise,” said one Washington-based consultant close to the issue.

Loan officers with strong ties to Realtors and builders will be in demand.