Finance

It’s safe to say that Debra Still, the incoming chair of the Mortgage Bankers Association, is battle-tested.

With origination volumes booming, PennyMac has doubled a repo facility it had with Citibank.

Fannie Mae hopes to attract more private capital to the business but so far it's been tough sledding.

As Michael Young prepares to depart as chairman of the Mortgage Bankers Association he has two items at the top of his Washington wish list: that regulators “get it right” on both the qualified mortgage and qualified residential mortgage rules.

Keep your ears open in Chicago at the MBA show for hints about which way the minimum net worth requirement is leaning.

Sterling Partners plans to invest several hundred million dollars in mortgage servicing rights.

The latest roundup of regulatory changes and mortgage fraud news.

Commercial mortgage-backed securities have more risk than last year as landlords need to repay maturing debt and vacancies remain elevated.

Opera Solutions is splitting its industry analytics into two offerings.

Everyone should take advantage of the current low interest rates to refinance, but can they qualify? Why some perfectly good borrowers are being turned away.

Springleaf Finance Corp., the subprime lender that’s been raising cash to repay maturing debt by packaging older mortgages into bonds, plans to sell $787 million of home-loan securities.

U.S. Bancorp said third-quarter profit climbed 16% to a record, beating analysts’ estimates as mortgage-banking revenue more than doubled.

Mortgage application volume decreased by 4.2% on a seasonally adjusted basis for the week ended Oct. 12.

Real estate investment trusts that invest in mortgage debt have lost about 6% of their value in the past week.

The Department of Justice is continuing to pursue Federal Housing Administration lenders for past underwriting sins in an effort to hold them accountable and produce sizable settlements to bail out the government’s mortgage insurance fund.

PNC Financial Services Group said earnings from its mortgage banking business rebounded in the third quarter due to higher single-family originations and much lower provisioning for mortgage repurchase demands.

PennyMac, a publicly traded REIT, may soon be extending warehouse lines of credit to nonbank originators.

Shellpoint Partners filed a shelf registration with the Securities and Exchange Commission to issue nonagency mortgage-backed securities.

Keefe, Bruyette & Woods expects the next round of mortgage real estate investment trust earnings to be lower than the previous quarter’s, but believes book values will be higher.

As the mortgage industry gets ready for its biggest meeting of the year they will be thinking about a number of things.