Origination

Mortgage insurer MGIC Investment Corp.’s percentage gain was the largest at the close of the standard trading day when it was up 5.46% at $7.15 per share.

The default rate for first mortgages was 1.25% in July, up from last month’s low point of 1.23%, while second mortgage defaults “remained flat since last month at its historic low of 0.54%.”

Kroll Bond Ratings Agency said in a report to expect more of the aggressive growth the market has seen since the liquidity crisis.

Prudential is expanding in core real estate as the insurer uses the strategy to diversify retirement plans and draw in investors beyond the U.S.

From January 2012 to December 2012, there were 69,277 MLF SARs reported compared to 92,561 throughout the year before.

A poster on the Mortgage Grapevine is asking for what originators and borrowers have experienced using credit repair services.

Credit unions have grown increasing dependent on Fannie Mae and Freddie Mac over the past five years as a source of liquidity and access to the secondary market.

With new outsourcers appearing every day, it is time to revisit the dos and don’ts of vendor selection and management.

Gains in the two desert cities Las Vegas and Phoenix are the biggest since the height of the real estate boom, just before their plunge to the bottom of the national housing collapse.