Origination

Moody's once again affirmed the servicer quality of Bank of America, N.A. at average despite ongoing measures taken to improve servicing performance.

The end of the refinancing boom is likely to prompt to a wave of consolidation among mortgage lenders because there is simply not enough purchase business to go around.

The unadjusted Refinance Index was up 5% while the seasonally adjusted Purchase index also increased 5%.

For successful mortgage originators, going in person to meet clients, instead of hiding behind email and social media, can make the difference between closing a sale or going back to the office frustrated.

JPMorgan Chase & Co. chairman and chief executive Jamie Dimon told investors Tuesday afternoon that he likes the mortgage business and the servicing side is improving.

A report by a visiting professor at the New York Federal Reserve is reviving the debate over using government powers of eminent domain to seize mortgages of underwater homeowners to ease their debt.

During the month of May, 23,034 new and resale houses and condominiums sold in Los Angeles, Riverside, San Diego, San Bernardino, Ventura, and Orange counties.

There were 12 of 17 Mortgage Industry Equity Composite stocks whose closing price declined more than one percentage point on Tuesday.

Platinum Data Solutions hired Bill King as senior vice president, valuation solutions.

The massive waves of 2005-2007 residential mortgage-backed securities downgrades have finally calmed down a bit, thanks largely to housing improvement.