Origination

Findings from the inaugural TD Bank Mortgage Service Index show that compared to the general population lenders have failed to provide a satisfying homeownership experience to 43% of Hispanics.

Radian Group posted a net loss for 1Q13 of $188 million, but it added that $173 million of that loss was related to the change in the fair value of derivatives and other financial instruments.

BOK Financial Corp. reported a higher first-quarter profit due to loan recoveries and higher fee income.

President Obama has picked Rep. Mel Watt, D-N.C., to head the Federal Housing Finance Agency.

Mortgage application volume for the week ended April 26 increased 1.8% on a seasonally adjusted basis from the week prior.

Loan acquisitions by Fannie Mae fell 11% in March following a 9% decline in February.

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!