Origination

Once Rep. Mel Watt is sworn in, he wants time to review the hikes mandated by the current Fannie Mae, Freddie Mac regulator.

Higher costs could have the biggest impact on this part of the mortgage business in 2014, according to originators.

Companies like Lennar Corp. have seen an 18% jump in prices on their inventory this year.

The question for most companies is do they have enough cash available to pivot to find the next opportunity.

Rumors about the viability of the Columbus, Ohio-based lender have been around for several months.

The government-sponsored enterprise is offering homebuyers and nonprofit agencies a 20-day window to purchase a bank-owned property if they plan to be owner-occupants.

Some see little evidence that shrinking Fannie and Freddie will bring private capital into the mortgage market.

The deal adds a call center operation which has originated $374 million through the first nine months of the year.

Auditors report solid improvement in the capital position of the federal mortgage insurance fund.

Lenders are unloading more of their bank-owned inventory at the foreclosure auction to take advantage of the volume of investors and cash purchasers in the marketplace.