Origination

Generation Mortgage Co. is exiting the Home Equity Conversion Mortgage origination business, but will continue to service reverse mortgages.

The pace of home price appreciation has decelerated in recent months, but it will not result in another dip where price changes actually fall into negative territory, according to Wells Fargo Securities economists.

Redfin reports that requests for visits to homes listed on its website increased by 2.2% in September compared with August.

The September volume of new home purchase mortgage applications remained unchanged from the previous month.

Although the case ostensibly turns on whether loan officers should be paid for overtime, the high court is focused on whether government agencies have the right to substantially change regulations without seeking public comment.

Officials want to remove the risk that questions about a dealer’s liquidity could lead to wholesale dumping of assets. Treasuries and mortgage securities represent about 85% of daily repo transactions

It's not been a stellar year for mortgage lending, with national origination volumes expected to end 2014 down by one-third or more.

Complete Financial Solutions in Spokane, Wash., has agreed to buy Northern Star Financial in Mankato, Minn.

Auction.com, Auction Finance, residential real estate

Independent originators could be shut out from offering this product as there is no secondary market.