Origination

The refi boom is dead. And while there is still refinance volume to be had, originators have to work smarter to capture and win that business.

Mortgage application volume was higher than the week before as both refinance and purchase activity increased.

Platinum Data Solutions has upgraded its appraisal quality technology platform, RealView, by adding Platinum Comps, which enables underwriters to evaluate whether comparable homes not used in an appraisal report validate a subject property's actual appraised value.

Essent Group Ltd., the mortgage-insurer backed by George Soros and Goldman Sachs Group Inc., is beating older rivals in the stock market as the U.S. plans to tighten regulation of the industry.

Many active-duty service members are unaware that they are eligible to postpone mortgage payments under the Servicemembers Civil Relief Act. A group of major financial services companies have pledged to improve communication about this option, according to the Financial Services Roundtable's Tim Pawlenty and John Dalton.

It is clear that the Consumer Finance Protection Bureau has made the mortgage industry a top priority and its supervised entities have had to fall in line with its expansive rules and regulations quickly.

Mortgage bankers reported a sharp increase in quarterly profits at the end of June, according to data released Tuesday by the Mortgage Bankers Association.

Many banks are aggressively closing branches to cut costs. Those banks must be mindful about branches in moderate- and low-income neighborhoods or risk downgrades after their next Community Reinvestment Act examination.

Fannie Mae, Freddie Mac and Ginnie Mae all overlooked warning signs about Taylor, Bean & Whitaker that make them partly to blame for the mortgage lender's multibillion fraud scheme, according to a government watchdog report.

A drop in homeownership among the native-born population, coupled with a pickup in the pace of homeownership gains among those who immigrated to the U.S. have narrowed the homeownership gap between the two demographics during the last decade, according to Fannie Mae research.