Origination

A Santa Clara County Superior Court judge is making three major companies pay approximately $1.1 billion to remediate lead paint used in the interior of homes built before 1978.

But continued weakness among retailers could hurt stabilization down the road, the rating agency says.

The new tool enables loan originators to not only ensure the loans comply with CFPB requirements before the loan application enters the system, but also offers a detailed compliance worksheet for loan officers.

Nationstar, Ocwen, and Walters need to deploy excess cash flow and offset MSR runoff.

Price-to-rent ratios in San Francisco, for example, are up almost 25% since 2012 and near an all-time high. Also, national prices are 15% overvalued, “in real terms,” according to the company.

The deal worked out between the two officials will be used toward housing programs and helping anti-foreclosure programs.

Everyone engaged in generating revenue will benefit by making a complete process review.

Readers of this website have provided a wide range of feedback this week, ranging from thoughtful analysis to bon mots to arch corrections.

Even though the Dow gained 42 points on Friday, 12 of 17 Mortgage Industry Equity Composite stocks closed lower going into the three day weekend.

If wishes always come true, lots of mortgage lenders will be increasing their volumes of purchase mortgages this year. But Fed tapering and rising rates may spoil the party.