Origination

The Washington metropolitan area will see average rents decrease as much as 2%, making it the only market other than Detroit to have a drop among the top 20 U.S. cities.

When a thread titled “How can the Mortgage Grapevine improve?” is started, it attracted our interest.

It is a matter of preparing and motivating loan officers, both retail and wholesale.

National Mortgage Insurance Corp. has started issuing commitments, becoming the sixth active private mortgage insurer in operation.

New York Community Bancorp had first-quarter earnings of $119 million, down from $123 million in 4Q12 and slightly above the $118 million reported for 1Q12.

Flagstar Bancorp has returned to profitability, posting first-quarter net income of $22 million, compared with losses of $94 million in 4Q12 and $9 million in 1Q12.

There was virtually no change in the Mortgage Bankers Association’s seasonally adjusted Market Composite Index, Refinance Index or seasonally adjusted Purchase Index for the week ended April 19.

Credit score requirements today are much higher than before the financial crisis.

Late additions and data gathering issues have added a few names to our list.

A fake Twitter message saying a bomb went off at the White House only briefly derailed a rally on Tuesday.