Origination

Many consumers misunderstand what is required to obtain a residential mortgage, according to a new Fannie Mae study.

Securitizations that involve commercial mortgages are increasingly dropping loans from their pools before the final transactions close, according to Fitch Ratings.

The Morgan Stanley settlement follows a similar agreement with Barclays Capital in October that resulted in a recovery of $325 million.

Mortgage professional hiring and new job appointments for the week ending Dec. 11.

Ditech has renewed its sponsorship of Kevin Harvick's No. 4 car which races for the Stewart-Has Racing team on the NASCAR Sprint Cup circuit.

U.S. Bancorp has plucked longtime lending executive Tom Wind from EverBank Financial to run its mortgage business.

Mortgage applications for new homes declined in November, although not as sharp a drop as is typical for this time of year, according to the Mortgage Bankers Association.

Moody's said it has acquired BlackBox Logic, a Denver-based residential mortgage-backed securities data technology company, for an undisclosed amount of cash.

Mortgage rates rose for the week ending Dec. 10, on optimism tied to job growth and a possible rate hike by the Federal Reserve this month, according to Freddie Mac.

Mortgage lenders said their per-loan profits declined 19% in the third quarter compared with the previous quarter, according to the Mortgage Bankers Association.