Origination

Mortgage loan origination software salespeople for decades have swaggered, but they called it walking.

The Federal Housing Finance Agency has released a request for input on placing limits on multifamily loan terms, income levels and loan amounts.

The mortgage technology company had the largest percentage loss among Mortgage Industry Equity Composite stocks.

Mortgage applications to purchase new homes rebounded 14% in July after a 15% drop in June.

While most loan officers (including Solter) work with Realtors, very few call on architects, who also deal with buyers.

Following its aggressive mortgage servicing portfolio expansion, Walter Investment Management Corp.’s drastic $142.8 million annual net income increase in the second quarter was not much of a surprise.

The Rancho Santa Fe, Calif., business operator is alleged to have obtained $2.2 million in mortgages using false information, including some agency loans.

Farmer Mac reported GAAP net income of $27.7 million for the second quarter, reversing a loss of $4.3 million for the same period in 2012.

The deal has a $325 million original balance that is backed by fee-simple and leasehold interest in a mall located in McLean, Va.