Origination

More than half of consumers who don't own homes but want to are not bothering to check whether they could qualify for loans because they fear rejection, a survey finds.

A powerful group of shareholders is amplifying attacks on housing finance reform legislation as they await resolution of a major legal battle, attempting to slow momentum on the bill before it likely passes the Senate Banking Committee.

The proposed Small Lender Mutual cooperative would be expensive for small firms to capitalize, and its securities may get inferior pricing compared to those issued by large banks and nonbanks.

While there are compliant ways to institute these plans, many employers make the mistake of having several "buckets" that vary by a few basis points.

Last week, I was particularly gratified by the number of people who not only read my commentary regarding why the closing table is so critical to driving conversion, but actually provided specific examples of how it's impacted their business.

Real estate executives are looking for ways to motivate reluctant buyers who don't want to give up their current low mortgage rates.

There are things mortgage originators can learn from the pop singer regarding how to market your company and yourself.

Mortgage rates fell, sending costs for 30-year loans to the lowest since early February as the Federal Reserve confirmed its commitment to provide support for the economic recovery.

B of A caught observers off guard by announcing $6 billion in mortgage litigation expenses, but the move is an attempt to convince analysts and investors that there is an end in sight to its crisis-era legal woes. It just might work.

As drafted, the Johnson-Crapo bill would allow big banks to originate, aggregate, and guarantee mortgages. Small lenders worry such vertically integrated companies could price them out of the business.