Origination

Although the Dow Jones Industrial Average set an all-time high on Friday, the performance of the Mortgage Industry Equity Composite was more mixed.

A Connecticut attorney involved in a mortgage scam is facing 21 months of imprisonment following his recent sentencing in U.S. District Court.

NorthStar Realty Finance had first-quarter net income of $37 million, up from a loss of $34 million one year prior.

The question of the day on the Mortgage Grapevine actually the question of the past few years among originators is “are underwriting guidelines too tight?”

In a mortgage lending environment where most people are originating some flavor of the same product set, being able to offer something outside of the box can help give a loan officer an advantage.

The clarifications piece together additional details relating to the determination of the DTI ratio.

Without a government guarantee, the multifamily loan programs run by Fannie Mae and Freddie Mac would be reduced in nonprime lenders that would be dependent on the private securitization market.

United Guaranty Corp., the private mortgage insurer which is a subsidiary of American International Group, reported first-quarter operating income of $41 million.

Redfin has created a tool where homeowners can obtain estimates of their property’s value on what it says is a real-time basis.

The Topeka Federal Home Loan Bank is selling $231 million in Mortgage Partnership Finance loans on a flow basis to the Indianapolis FHLB.