Origination

First American Financial Corp.'s title business is expecting a slow gain in market share driven by the upcoming integrated disclosures reforms, in part due to consolidation in the title industry.

Citadel Servicing Corp., a California-based nonbank wholesale mortgage lender and servicer, has rolled out a subprime second trust deed loan program.

Millennial-age workers for the first time outnumbered their Gen-X peers. But the average loan officer is 54 years old, and industry groups are taking steps to help expand outreach to the next generation of mortgage professionals.

Citigroup is marketing $216 million of reperforming residential mortgage-backed securities and Two Harbors returns to market with its fourth prime RMBS of the year.

Mortgage lenders are in the final stretch of preparing to deliver the new TILA-RESPA Integrated Disclosures to borrowers. But it's not just the change of forms that's causing alarm bells. Fines could be steep and legal liability could be even higher for violators, while necessary technology changes are expensive.

The Mortgage Partnership Finance Program, a part of the Federal Home Loan Bank of Chicago, will now offer a higher maximum loan on its MPF Direct product.

The delinquency rate for commercial and multifamily mortgages improved in the first quarter for most categories of investor, on higher property income, rising property values and a strong finance market.

The price of loans that underlie commercial mortgage-backed securities fell slightly from March to April, according to a market research firm.

The merger of the Federal Home Loan Banks in Des Moines and Seattle became official on Monday, shrinking the overall number of banks in the system to 11.

The New York City Housing Development Corp. expects in June to price its inaugural sustainable neighborhood bonds transaction — a first nationally, say officials.