Origination

I am thankful for the best of the hunters among us, the professional loan officer, who is good for the industry.

More homeowners will put their homes up for sale next year and increase the supply.

Commitments to buy new mortgages unexpectedly increased in October.

The deal releases the lender from certain existing and future repurchase obligations for approximately 716,000 loans originated between January 2000 and December 2009.

The individual performance of mortgage-related companies in this publication’s equity index ranged from a gain of about 2% to a loss of less than 1% in value on the day.

Lawyers for a Pennsylvania bank say the draft complaint may lead to the discovery of evidence that could be used in its own case against JPMorgan Chase.

Fifty years after the assassination of John F. Kennedy, Parkland Hospital, where he was pronounced dead, is preparing to move into a new $1.27 billion facility across the street.

Sales forces can command the responsibility for lending tens of millions of dollars in home loans each year, but often the actual amount of training they get remains minimal.

Despite existing home transactions being low and recent construction activity remaining below normal levels, all 42 counties tracked by DataQuick reported an increase in property values.

The Chicago-based special servicer only uses former mortgage sales people in its customer contact positions because they are experienced in the business and familiar with its terminology.