Origination

GSE reports that 2013 loan acquisitions are off by less than 1% from 2012.

The founder of $49 billion investment firm DoubleLine Capital LP is largely avoiding the subprime-mortgage bonds that jumped about 17% last year after home prices surged by the most since 2006.

A consortium of tribes and a central financing facility could tap the bond market for much-needed housing money.

Stocks in this publication's Mortgage Industry Equity Composite saw price movements that ranged from an increase of more than 1% to a more than 2% decline.

Steep declines in revenue from loan fees and gains on loan sales were responsible for the overall decrease, as well as a 58% decline in income from mortgage originations.

Fannie Mae had brought claims against New York-based Lehman over mortgages the bank packaged and sold. The agreement resolves one of the “single largest remaining claims” against the Lehman parent.

Federally insured credit unions with assets of $50 million-plus and concentrations in real estate loans would have to maintain additional capital requirements under the National Credit Union Administration proposal.

The decrease was largely driven by losses at the company's mortgage banking subsidiary, George Mason Mortgage.

Forecasts generally call for slower home price gains that could reduce volatility but also investment returns when it comes to securitization valuations. Some recently-hot markets like California are topping out.

Finding the right prospect to sell a mortgage to is not as simple as some outside our industry might think.