Origination

The $3.9 billion-asset Luther Burbank Savings has opened retail loan origination offices in several Southern California cities to produce more jumbo mortgages. It is one of several lenders in the region that think jumbo loans are worth the risks to achieve growth.

Melissa Cohn has opened MC Home Loans looking to recreate the success she had at Manhattan Mortgage.

First-time homebuyers between 2010 and 2013 were slightly younger than in the previous four-year period, according to Zillow.

Fannie Mae and Freddie Mac's decisions to make their automated underwriting systems free to use will feed more data to the GSEs, but do little to better serve lenders and borrowers.

New-home construction climbed in July to the highest level in almost eight years, indicating the industry will pick up in the second half of the year.

The new supplemental performance metric should encourage lenders to serve lower credit score borrowers.

The Federal Housing Administration's Neighborhood Watch website is back online after crashing about three weeks ago.

J.G. Wentworth Co. has begun a marketing campaign to call attention to its new home-lending business.

Ellie Mae introduced a feature to let users submit product ideas through its online loan-origination portal.

The Houston housing market still runs the risk of a pullback, based on a range of economic conditions affecting the city, according to Fitch Ratings.