Origination

The Freddie Mac survey’s weekly average for fixed mortgage rates dropped a bit for the third week in a row as the federal government shutdown rocked consumer confidence.

The National Association of Home Builders lowered its forecast for U.S. single-family home starts this year and next as higher interest rates slow the pace of growth in the housing market.

The longer the government shutdown continues the more disruptive it will be for the mortgage market and borrowers.

As a rule transfers of mortgage servicing rights from one servicer to another do not have a negative impact on mortgage-backed securities ratings, but MSRs still make some insiders nervous.

The housing recovery is at a “turning point” and it needs more jobs and income growth to gain momentum.

Morgan Stanley and Bank of America will issue another CMBS conduit transaction that has been assigned preliminary rating by Kroll Bond Rating Agency.

Adopting the mindset of a promise keeper in order to change your life and reach your goals.

As the market changes, companies want to continue to attract and retain the best originators in the market, especially those that can consistently generate purchase volume.

New Penn joins Affiliated Mortgage and Norcom, among others, entering this business channel.

Day 2 of the shutdown saw the Dow Jones Industrial Average posting a loss of 59 points and 12 out of 17 Mortgage Industry Equity Composite stocks close lower.