Origination

We're hearing that lenders are only going to make qualified mortgages that meet the ability-to-repay underwriting standards mandated by the Consumer Financial Protection Bureau.

Fitch Ratings has raised its ratings outlook on Genworth Life Insurance Co. to stable with a key rating driver being the improve performance of the U.S. mortgage insurance business.

The Chicago office towers One & Two Prudential Plaza have received a hope note modification made possible by a $75 million new equity investment.

Jerry Kerley was sentenced in the Eastern District of Tennessee to serve four years in prison for wire fraud, bank fraud, and money laundering all stemming from a mortgage fraud scheme.

Lawmakers have not lifted a finger to give the Federal Housing Administration the authority to regulate its Home Equity Conversion Mortgage program via mortgagee letters.

One poster is asking the bulletin board’s participants for their opinions on what is the best occupancy verification tool for an originator to use.

Wells Fargo will provide $27 million to National Fair Housing Alliance members to promote home sales and neighborhood stabilization.

The recovery in the housing market will continue to strengthen this year and next year, according to a group of bank economists.

The Mortgage Bankers Association nominated Bill Emerson to be its vice chair for the 2014 membership year.

According to the Appraisal Institute, the Sensible Accounting to Value Energy Act of 2013 will ultimately help improve the mortgage underwriting process.