Origination

New report says purchase loan activity reverts to the norm in the early 2000's.

There were 11 Mortgage Industry Equity Composite stocks which closed lower, with five higher and one unchanged.

Process improvements must be identified to help alleviate future problems tied to disruptions in the government. One achievable solution ripe for consideration would be to modernize the 4506-T order transmission and tax transcript delivery capabilities at the IRS.

Banks that stick to ability to repay underwriting won’t be penalized in CRA evaluations.

The forms’ integration will be an expensive and daunting task to initially implement, but the hope is that standardization of the forms across the entire industry will normalize the process.

New report shows insurance fund could reach 2% capital ratio in in two years.

The guarantee fees Fannie Mae and Freddie Mac charge fail to put a price on mortgage risks in line with what the private market charges.

Despite signs of retraction there still is hope for a consistent albeit slow housing market recovery in 2014, TransUnion analysts say.

Bank of America Corp.’s Merrill Lynch agreed to pay about $131 million to settle U.S. regulatory claims it failed to tell investors that hedge fund Magnetar Capital LLC had a role in selecting assets for two 2006 mortgage-backed securities.

They are accused of offering bogus assistance to consumers in need of help in paying their loans.