Origination

Garry Cipponeri, the head of capital markets for JPMorgan Chase & Co.'s U.S. mortgage unit, is leaving the bank to start a new company, according to two people with knowledge of the move.

There were fewer institutions originating mortgages in 2013, while low- and moderate-income borrowers took a smaller share of industry volume, according to the recently released Home Mortgage Disclosure Act data.

Mortgage underwriting overlays are not only tighter than they were precrisis, they're more restrictive than they were 15 years ago — a trend that Department of Housing and Urban Development Secretary Julian Castro wants to change.

Two California mortgage companies are joining forces starting next month.

There is a good chance legislation that would provide regulatory relief to small banks and address concerns about which banks are dubbed systemically important could be wrapped in the same Senate bill next year, experts said at National Mortgage News's 4th Annual Regulatory Symposium.

The Consumer Financial Protection Bureau's complaint database is an excellent source of information to help lenders make adjustments and refine their operations.

To move quality control earlier into the origination process, lenders should rely on automated data checks

The closing rate for mortgage originations climbed to a three-year high in August, according to data released by Ellie Mae.

The U.S. Attorney General seeks to lift a cap on whistleblower incentives that encourage a practice increasingly used in mortgage-based claims even as another U.S. official presses for more lending.

The Consumer Financial Protection Bureau remains committed to working with the financial services industry to improve the mortgage closing experience for consumers through the use of technology, CFPB director Richard Cordray said.