Origination

Spectrum Equity has made an investment for ExactBid for an undisclosed price.

Mortgage rates declined, keeping borrowing costs at the lowest levels since May 2013.

Refinancing volume rose for the fourth consecutive month in November, according to Ellie Mae.

Originators need to have quality and consistency in their marketing and public relations.

JPMorgan Securities is arranging a $353 million RMBS securitizing 677 prime pre-crisis mortgages originated by Merrill Lynch Credit Corp.

NeighborWorks America has named Paul Weech as its new president and chief executive.

Bank of America Corp. and US Bancorp were sued by the agency that oversees federal credit unions, which claimed the banks failed as trustees over securities backed by home mortgages that defaulted after the 2008 credit crisis.

Despite looser credit consumer demand has been on the decline, according to Fannie Mae's fourth-quarter Mortgage Lender Sentiment Survey.

GuardHill Financial Corp. CEO Alan Rosenbaum has recruited veteran New York City mortgage originator—and former competitor—Melissa Cohn to bring an under-the-radar lender out of the shadows.

The Senate approved a bill late Tuesday that would retroactively extend over 50 expiring tax provisions for one years, including one that shields distressed homeowners from paying taxes on any mortgage debt forgiven in a short sale.