Origination

The completion of the foreclosure process in judicial states rose to their highest point in two years, contributing to an overall decline in foreclosure inventories nationwide.

The Scottsdale, Ariz.-based landlord, which began buying foreclosed homes and converting them into rentals last year, had planned to raise as much as $260 million in an IPO this week.

With the housing market recovering, Wells Fargo plans to ramp up the marketing of a credit card that allows customers to use reward points to pay down their mortgage.

One company sold a package of fixed-rate and agency-backed MBS. It then parked the proceeds into variable-rate mortgage securities.

Residential sales and construction activity increased at a moderate to strong pace in all 12 Federal Reserve Bank districts since the last Beige Book was issued in early April.

Inherent market risks are not stopping real estate owners from choosing to operate as niche real estate investment trusts, according to Fitch Ratings.

The Dow falls under 15,000 and most mortgage stocks close lower as well.

Mortgage Grapevine poster Eminem has a borrower with a tough problem regarding sources of income.

Bliss Sawyer discusses her morning routine and her new white board.

Fannie Mae’s SMDU is a technology platform that provides servicers with real-time decisions on mortgage loan modifications and other solutions for homeowners with payment challenges.