Origination

Mortgage rates rose modestly this week as investors have a more positive view of the economy and so they are moving money out of the bond market, according to Freddie Mac.

Consumer mortgage originator satisfaction scores fell in the second quarter as lenders had to work through the increase in application activity, a J.D. Power report said.

Recent increases in Dallas-Fort Worth home sales were welcome after a slowdown earlier this year.

Home price growth in certain markets surrounding Crystal City, Va., tripled the national average in the year since Amazon announced its second headquarters would go there.

JPMorgan Chase may be leading the next trend for banks seeking to shift risk away from their mortgage portfolios — if regulators give Wall Street the green light.

The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to TransUnion.

And the government-sponsored enterprises could hold initial public offerings in 2021 or 2022 to ensure they hold adequate capital, FHFA Director Mark Calabria said.

The American Mortgage Network name is being revived again, this time for a de novo company that will be 100% employee owned.

Home loan originations rose by double digits in the third quarter while auto loan originations approached an all-time high, according to new household credit data from the New York Fed.

As more people have gotten into the flipping business, and as home costs continue to increase and inventory shrinks, the profitability of fix and flips has dwindled.