Origination

The Department of Housing and Urban Development has approved a $1.7 billion investment plan designed to assist Hurricane Sandy victims in New York State.

There are at least 50 different credit score models around.

A slowdown has started to take place for home values through the first quarter of 2013.

Understand that the cost of non-compliance can far outweigh the fines or settlements that it can lead to.

Tandy Katanis received 81 months in prison for forging names on home equity loan documents.

Mortgage Grapevine poster SFranny has a question about the Federal Housing Administration’s streamlined refinance program. An old client is looking to apply for one of these loans and is asking if a second lien loan can be subordinated. To see more, go to http://bit.ly/15RD8Y7.

ViewPoint Financial Group said the average balance of mortgage loans in its Warehouse Participation Program fell 19% in 1Q13 compared with 4Q12. However, when compared with 1Q12, there was a 16% increase.

New York Gov. Andrew Cuomo is calling on the credit scoring and reporting agencies “to stop the lowering of credit scores” for Hurricane Sandy victims.

Bank of America and American Asset Corp. have settled their dispute over 10 loans, ending the litigation between the bank and various borrowers; AAC controls and manages those properties.

PennyMac Mortgage Investment Trust has priced a private offering by its PennyMac Corp. subsidiary, a $200 million aggregate principal amount of its exchangeable senior notes due 2020.