Origination

Net income for 1Q13 was $3.9 million, or $0.14 per diluted share, compared to net income of $3.6 million, or $0.16 per diluted share, during the same time period last year.

We're hearing that although some big players have exited wholesale in recent years, New York mortgage brokers today have the support of several strong, small to midsized lenders in this channel.

National Mortgage Insurance Co. has become operational, having started to write policies in early April.

It’s one of the most powerful words in the English language!

Colliers International has arranged $72 million refinancing for eight retail centers in the Denver area.

MGIC Investment Corp. had the biggest percentage among Mortgage Industry Equity Composite stocks on Tuesday, but that is not the whole story regarding its trading on the day.

Generation Mortgage Co. has entered into a consent agreement with the Georgia Department of Banking and Finance to settle allegations the company violated the state’s Residential Mortgage Act.

Commercial and multifamily mortgage originations fell 36% between 4Q12 and 1Q13, but were up 9% 1Q13 over 1Q12.

Lenders still are looking for better ways to encourage borrowers to seek assistance and learn about homeownership.

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to move ahead with the development of a common securitization platform.