Origination

Pricing engines are a tool that allows loan officers to give consumers a better understanding of what is being offered.

Douglas Smith says it doesn't happen in the pages of a book.

Presale reports are out on a $425 million sequential-pay commercial mortgage-backed securities deal backed by beneficial interests in a mortgage securing four Florida hotels.

The Consumer Financial Protection Bureau has issued a final rule that contains 273 pages of refinements to its qualified mortgage, loan officer compensation and servicing rules.

Data through July 2013 show over 1.7 million homeowners received foreclosure mitigation assistance through the Making Home Affordable Program.

Even though volume was lower than average, 15 of 17 Mortgage Industry Equity Composite members closed higher on Friday.

While hardware and software has been available for e-notarization previously, this is the first time web-accessible technology that is integrated into broader document workflow has been applied to electronic notarization.

More mortgage originators could change hands in coming months as pressure mounts on small banks and servicers to deploy excess capital and pad revenue.

The crisis “exposed a major fault-line” in terms of loan data integrity the two technology providers are coming together to try to bridge.

The USDA Rural Development program has its own underwriting technology, called GUS, short for Guaranteed Underwriting System.