Origination

Fannie Mae cut its forecast of industrywide home purchase lending for 2014 to $710 billion from $732 billion, underscoring the housing industry's struggles despite overall positive signs for the economy.

Mortgage rates haven't dropped enough to give many consumers a reason to refinance again, although some who missed their chance last time are getting a "second bite at the apple."

Mortgage applications climbed for the third consecutive week as a drop in interest rates spurred refinancing.

A mortgage originator gives his take on whether the gift card giveaway violates RESPA's anti-kickback provision.

Increased overhead to support back-office compliance is driving up origination expenses to the point that mortgage bankers lost nine basis points on the loan origination function during the first quarter, preliminary Mortgage Bankers Association data show.

The housing recovery is continuing, albeit at a more sustainable pace, the brokerage giant says.

New York regulator Benjamin Lawksy plans to eliminate several layers of review for mortgage bankers to apply for a license or a new branch location, and to expand an investigation into the affiliated businesses of nonbank servicers.

Citi's move may bring much-needed liquidity to a segment of the mortgage market that most of the big banks, with the exception of Wells Fargo, abandoned in the aftermath of the crisis.

The Rent Stabilization Association of New York, a landlord group, and Housing Partnership, a nonprofit, have jointly launched a brokerage to connect owners of small and midsize New York apartment buildings with banks and lenders.

Last month, BMO Harris Bank changed policies on auto lending to pay a flat percentage of the loan amount to auto dealers making loans (sound familiar?).