Origination

There were 12 of the 17 Mortgage Industry Equity Composite stocks which lost value on Monday.

Banks reported strong demand for purchase mortgages but very little in the way of easing their tight credit standards.

The grants are part of the bank’s pledge to invest 10% of its profits in the development of affordable owner-occupied and rental housing for very low- to moderate-income families.

A loan scenario posted on the Mortgage Grapevine is looking for a rate and term refinance.

The pool of high-balance, high-credit quality GSE loans have already been refinanced via the Home Affordable Refinance Program.

South Florida has cruised past its condo bust years and has entered a real estate stratosphere that has not been seen in the United States outside of New York and California's celebrity neighborhoods.

There was a 2.2% increase in the availability to consumers of mortgage product offerings from June to July.

Freddie Mac said that its 50th offering of multifamily mortgage-backed structured pass-through certificates since it began the program in 2009 is in the pipeline.

Dave Vida of LenderLive Network is one of many in the industry who does not see “anything too new in the loss mitigation space,” but recognizes it has been transformed by the foreclosure crisis.

Rising interest rates had no effect on the delinquency rate spiking 9.9% from May to June.