Origination

Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a first-quarter profit and highlighted an expansion into mortgage lending.

Mortgage professional hiring and new job appointments for the week ending May 1.

Patricia Goldstein, the commercial real estate finance pioneer, veteran workout banker and mentor of many of today's top female executives, died Thursday in Highland Beach, Fla. She was 69.

Ellie Mae reported net income of $3.6 million for the first quarter, up 350% from the same period a year ago.

WASHINGTON — Federal banking regulators are putting pressure on a dozen or more states to begin regulating appraisal management companies within their borders.

Credit Suisse, Deutsche Bank and Wells Fargo are first are marketing nearly $4 billion in commercial mortgage-backed securities via three conduits slated to price the first week of May.

The SAFE Transitional License Act would allow registered lending officers to work at independent mortgage banks for 120 days while they complete state testing and licensing requirements.

Prospective homebuyers may be confident about what it takes to buy a home, but a recent survey indicates most struggle with basic concepts of the mortgage process.

Mortgage interest rates rose during the week thanks to increases in home values and sales as well as slower-than-expected economic growth, Freddie Mac said.

Though home prices have started to rise, new home construction has remained low as builders have struggled to gain momentum due to shortages of materials, developed lots and skilled labor.