Origination

Californians are back in the home purchase market and forming households again thanks to an improving economy and an increase in job growth, according to the California Association of Realtors.

The Federal Housing Finance Agency wants to exclude mortgage REITs from membership in the Federal Home Loan Banks. That would be a major setback for the entry-level borrowers who depend on mortgage REITs for sustainable home-financing options.

Allowing real estate investment trusts to bridge the capital need for affordable housing could help de-escalate a rising public funding crisis.

A change to the way Zillow charges for mortgage rate advertising is poised to shake up the world of online lead generation — an increasingly important source of new business, but one where lenders face a constant struggle between quality versus quantity.

Deutsche Bank, Jefferies and UBS have set final pricing terms on $1.35 billion in commercial mortgage bonds, according to a regulatory filing.

The Supreme Court's recent ruling that the disparate impact theory of liability can be applied to the Fair Housing Act means mortgage lenders must be even more vigilant in their ongoing testing and evaluation of business practices that could be interpreted as even unintentional discrimination.

A survey of mortgage lending executives conducted by mortgage insurance company Genworth found that most executives believe that a disconnect exists between lenders and borrowers on who qualifies for a mortgage.

New technology developed by mortgage software vendor LoanLogics aims to automate and streamline closed-loan purchasing and quality control processes for correspondent investors.

BOK Financial has hired Glenn Brunker to oversee mortgage operations and manage the bank's transition to a new federally required consolidated mortgage disclosure regime.

The latest estimates of nonbank mortgage lender employment mark the largest number of workers since November 2013, and the biggest monthly hiring gain in six months.