Origination

We're hearing a lot of clients still calling with concerns about current market conditions.

The bill gives the Federal Housing Administration more authority to police lenders and manage risk to the FHA single-family program.

Presale reports were released on the 10th Sequoia/Redwood jumbo securitization of 2013 and, separately, on the third transaction of this type done this year by JPMorgan.

Radian Group posted a net loss for 2Q13 of $33.2 million, but that loss includes $130 million of losses from investments only partially offset by gains in the fair value of its investments of $88 million.

The platform has processed a few billion dollars of loans from customers and plans to process significantly more as it gets off the ground.

The Housing Association of Nonprofit Development has elected its new leadership for the 2013-2015 term.

Distressed homeowners are redefaulting in droves on loan modifications received through a government program.

Sales of newly constructed homes rose 8.3% to a 497,000 seasonally adjusted annual rate, up from 459,000 in May.

A steep rise in home values that resulted in a new wave of foreclosure starts in California during the second quarter was not enough to eliminate gains of recent years indicating the state's housing recovery will prevail.

The total number of loan applications submitted the week ended July 19 declined by 1.2% on a seasonally adjusted basis from the previous week.