Origination

Gerry Zobrist was sentenced to 87 months in prison for his involvement in a mortgage fraud scheme that caused more than $30 million in losses to lenders.

Of the 17 members of the Mortgage Industry Equity Composite, only three closed higher on Thursday than they did on Wednesday.

Fortress Investment Group hired Michael Nierenberg, Bank of America Corp.’s head of global mortgages and securitized products, as a senior executive in its private-equity business.

Kroll Bond Rating Agency has assigned preliminary ratings to six classes of mortgage pass-through certificates from another Shellpoint Asset Funding Trust deal.

For the most part what we are hearing is aggravation for title underwriters relating to their title agents.

Grant Mitchell, the former assistant general counsel at the Department of Housing and Urban Development known throughout the industry as Mr. RESPA, has died.

Analysts continue to address single-family foreclosure-to-rent properties as an emerging asset class, but there is consensus this segment of the REO market is on solid growth mode.

National Credit Services’ TRV Services product suite is now available through the Calyx Point loan origination system.

Mortgage applications to purchase newly built homes declined 14% on an unadjusted basis in August compared with July.

Although the housing crisis is still in the early stages of a recovery, now may be the perfect time to reflect on the last decade to see what we have learned and where the housing industry is headed.