Origination

Zais Financial Corp. has closed on a $150 million committed financing facility which it will use to purchase whole residential loans.

Fitch Ratings said the nation’s title insurance underwriters strongly capitalized as of the end of 2012.

Industry-driven solutions based on some of the most pressing issues facing real estate valuation today are crucial to the mortgage marketplace today as it adopts to the post-crisis reality.

One loan driver is anecdotal evidence shared by a number of credit unions that are booking mortgages with low loan-to-value and short duration.

The next few months will see significant changes in the mortgage loan market and those changes will impact the credit unions that write those loans.

The Eleventh Federal Home Loan District Cost of Funds Index gained 0.3 basis points in April.

A federal jury in the Eastern District of California returned guilty verdicts today against two defendants who led a national foreclosure rescue scam.

Loan acquisitions rose 8% from March to $77.3 billion in April and commitments to purchase new loans rose 4% in April to $87.5 billion.

PulteGroup plans to relocate its corporate offices in suburban Detroit to Atlanta in 2014.