Origination

The lender will continue to make high-balance loans with DTIs above 43%.

The operators of this scheme have been banned from offering any type of mortgage and debt assistance business services to consumers.

CEO Joseph Ficalora continues to look for a transformative acquisition to cross $50 billion in assets—even if it invites extra regulatory scrutiny.

Fannie Mae’s home loan volume projection is slightly more pessimistic than it previously forecast, but more optimistic than the Mortgage Bankers Association’s recent downward revision.

The first Black Knight Financial Services mortgage monitor report revealed that purchase loans now account for over 50% of total originations.

The government’s dominating presence in the mortgage business is likely to continue for some time, says Rick Sharga.

The giant lender reports higher gain-on-sale margins and servicing income.

Real estate portfolios helped boost net mortgage banking income in the fourth quarter of 2013 when it reduced more headcount to offset declining origination volumes.

The chief economist sees little pickup in purchase mortgage lending.

Revenue exceeded spending by $53 billion last month, compared with a $1.2 billion deficit in December 2012, the Treasury Department said.