Origination

While a lot of the president's remarks seem like warmed-up leftovers to those who follow the industry, there were a couple of interesting things a little farther down the prompter.

The cost of doing business with the Federal Housing Administration could skyrocket if the agency adopts a new method for calculating lenders' liability for poorly underwritten loans that default.

The deal will price on Wednesday and settle on Friday “at benchmark size,” according to Freddie Mac.

Prior to the expansion, only 156 U.S. counties were able to utilize this solution.

A group of regulators are planning to make lender-placed insurance policy changes this year, according to the Federal Housing Finance Agency.

Ocwen and Nationstar, the nation’s top independent owners of mortgage servicing rights who share the same aggressive MSR purchase growth strategy, approach nonagency risk differently.

Mortgage originators need to have a different mentality when going after purchase business in a rising interest rate environment than when they are chasing business for refinancings in a declining rate world, a pair of consultants to the industry said.

Don’t ever stop marketing because you think you’ve reached the point where you don’t need to.

All four of the publicly traded, legacy private mortgage insurance companies saw their stock price closer lower on Monday.

MountainView is offering another mortgage servicing rights portfolio, this one a $486 million Fannie Mae first-lien fixed-rate mortgage servicing rights package with a large Home Affordable Refinance Program component.