Origination

A former loan originator who now works in loss mitigation is approaching the Mortgage Grapevine to help a client.

New Basel III provisions could impact a significant percentage of warehouse lenders.

We're hearing at the height of the mortgage crisis Navy Federal Credit Union found the delinquency rate on one of its special mortgage products remained below the industry’s overall delinquency rate on prime credit quality loans.

The Federal Trade Commission has made a request for additional information and documentary material from Fidelity National Financial and Lender Processing Services regarding their merger-and-acquisition transaction.

With this acquisition, Accenture hopes to become the largest end-to-end provider of mortgage services in the U.S.

Citigroup in its second-quarter earnings release showed some concern about downward pressure on mortgage revenue, but overall its net income was up at $4.2 billion, compared to $2.9 billion in last year’s second quarter.

Commercial mortgage loans provided life insurers with a 1.99% total return on investment in 1Q13, up 14 basis points from 4Q12’s 1.85%.

This is not to say there are never circumstances where a lender might be wise to consider exempt status. However, it is hardly a no-brain decision.

Taylor Capital Group said its mortgage banking revenue increased 20% to $38.5 million in 2Q13 from $32 million in 1Q13.

The real news in JPMorgan Chase's second-quarter report was the weak outlook that it provided for traditional banking.