Origination

Census Bureau data shows that builders started 19,000 single-family attached houses in the quarter, up from 18,000 for the April-May-June period in 2012.

The House Financial Services Committee chairman Jeb Hensarling, R-Texas, claims the federal regulators latest re-proposal of the qualified residential mortgage rule is just another admission that risk retention would harm the mortgage market.

After dedicating 28 homes last year (the first on the reservation since 1972) the San Felipe pueblo has made considerably better time on its next development.

PSM Holdings Inc., has promoted Kevin Gadawski to president and chief executive, replacing Ron Hanna who has resigned.

For the first time in five years mortgage lending growth lags behind credit cards and the fastest growing consumer credit segments in today’s market: auto financing and student loans.

The members of the Mortgage Insurance Cos. of America did $13.0 billion of primary new insurance written in July.

El Paso changed underwriters to sell $61 million of bonds for a downtown baseball stadium after the first try failed.

Regional banks are expected to see a huge drop-off in mortgage originations over the second half of 2013 as interest rates continue to rise.

The new proposed definition of the “qualified residential mortgage” has been aligned to match the definition of a “qualified mortgage” which was released earlier this year.

Radian Group Inc.’s mortgage insurer reached an agreement with Freddie Mac that caps expenses at $840 million related to loans held by the U.S. government-controlled housing-finance company.