Origination

Small lenders have cut over 14,000 employees since June.

The qualified mortgage rule, reduced refi activity and ongoing commoditization are forcing smaller institutions to take a hard look at exiting the mortgage origination business.

Americans flush with cash as they regain equity in their homes are spending more after years of pinching pennies.

The agency is reportedly auditing a number small lenders and brokers for compliance.

Applications for HECMs jumped 100% in September.

Back in the 1990s when Ed Fay graduated from business school, his goal was not to own a mortgage company, or to be the boss. Then the mortgage crisis started.

MGIC, which has a much larger inventory, only removes 1,300 loans.

Hummingbirds are inexorably tied to the flowers they feed upon. They co-evolve. This is what is about to occur as federal and state laws co-evolve to create new compliance challenges for lenders.

Among the 17 Mortgage Industry Equity Composite stocks, 10 reported price gains and seven had price declines on Thursday.

Fear of missing opportunities while the market is near its bottom will drive purchases as the Federal Reserve slowly ends the quantitative easing that puts downward pressure on rates.