Origination

The ratings agency plans to assess deals based on representations and warranties as well as an analysis of an independent third-party review of data quality and an originator assessment.

Privlo, a nonconforming residential mortgage lender in Los Angeles, has raised $350 million in debt and $3.8 million in equity to help the company's overall growth.

Stewart Lender Services in Houston has completed the acquisition of DataQuick Lending Solutions, which adds valuations to Stewart's mortgage service offering.

Though there is still a year for mortgage lenders to get in compliance with the Consumer Financial Protection Bureau's document changes, the perils of missing that deadline are considerable.

New Penn Financial a national nonbank lender in Plymouth Meeting, Pa., has introduced a loan product for buyers who do not comply with the qualified mortgage criteria that took effect in January.

Mortgage application volume was lower than the week before as both refinance and purchase activity declined.

Amerisave Mortgage Corp. and its owner have been ordered to pay more than $20 million for allegedly overcharging borrowers and trapping them in higher interest rates than those advertised.

Oak Mortgage Group in Austin has opened a builder relations division in Texas.

The Federal Housing Finance Agency provided its first specifics Tuesday on how it intends to create a single security for mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.

Even though refinance loans account for the majority of mortgage applications, the refi boom has long been over, and depressed origination volume will keep it that way for some time.