Origination

The subset of Home Affordable Refinance Program applications for the week hit 38%, up three percentage points from the prior week.

KBW expects earnings to trough in 2014 and grow strongly starting in 2015 driven by the ongoing recovery in the home purchase market.

The American Bankers Association has endorsed SunTrust Mortgage to offer ABA members an outlet to sell mortgage loans on advantaged terms.

Residential mortgage lender Cobalt Mortgage, Kirkland, Wash., has opened a new branch in Bellingham, its 19th office in the state.

There were 13 of 17 Mortgage Industry Equity Composite member stocks closing higher on Tuesday, led by Fidelity National Financial and Ellie Mae.

Ares Commercial Real Estate Funding has completed its purchase of EF&A Funding LLC, which does business as Alliant Capital LLC, for nearly $61 million.

The August delinquency rate for U.S. commercial real estate loans in CMBS dropped for the third straight month.

The issuance of U.S. commercial mortgage-backed securities has totaled $56 billion so far this year, handily beating the $48 billion place in all 2012

Both builders and developers report that lenders are loosening their purse-strings on their all-important acquisition, development and construction funding.

In today’s multifaceted lending environment lenders need to use sophisticated loan servicing systems that support multiple business channels and adapt to ever-changing industry rules and regulations.