Origination

Compliance is one of the big topics of discussion at this year’s Mortgage Bankers Association National Secondary Market Conference in New York.

Astoria Federal Savings in Lake Success, N.Y., has hired an HSBC executive to lead its retail division.

The piggyback mortgage, also known as the 80-10-10, has been cited by some as a contributing factor to the crisis.

All but one of the Mortgage Industry Equity Composite stocks closed higher on Monday.

While Fannie and Freddie's regulatory plan for a single securities platform is separate and distinct from the single security MBA president and CEO David Stevens has been pressing for since last year, the common platform could possibly accommodate it.

The economists at the Mortgage Bankers Association believe the Federal Reserve will not start selling off the mortgage-backed securities it purchased any time soon.

A recent sheriff sale in New Jersey indicates distressed property sale prices are the new residential property value metric in hard-hit areas with large inventories.

Bank of America has agreed to pay the bond insurer MBIA $1.6 billion to settle a five-year-old dispute over losses related to soured mortgage-backed securities

Big players remain largely absent from the re-emerging private-label residential mortgage-backed securities market.