Origination

The qualified mortgage rule is the talk of the town these days. But let us not forget that the Consumer Financial Protection Bureau has issued several rules.

While Friday’s jobs report was bad and the 10-year Treasury fell to 1.69%, a spike in refinancings may be short lived, according to a Mortgage Bankers Association economist.

Sales talent combined with strong operations that speed turn times and spur multiple referrals were among the reasons companies that contributed large numbers of highly-ranked loan officers to Origination News’ just-released 2012 survey were able do so, according to executives and LOs from those firms.

The stock market had a down day on Friday because of the jobs report but the 17 members of the Mortgage Industry Equity Composite split nearly evenly in their performance.

The latest housing scorecard suggests compiled housing and program indicators continue to show relief is aiding recovery, and the latter is still fragile.

Fitch Ratings has affirmed the commercial mortgage-backed securities large loan special servicer rating of Brookfield Real Estate Financial Partners at CLLSS2-.

At the Rocky Mountain Lenders Expo in Denver, Frank and Brian interviewed several conference attendees.

A former residential mortgage broker in Wisconsin is looking to get back into originations but would rather do commercial loans instead of residential.

UBS-Barclays Commercial Mortgage Trust has another securitization in the works backed by a pool of $1.29 billion of loans.

Preparing for a Consumer Financial Protection Bureau exam means implementing requirements in the CFPB's 800-plus page exam guide. In other words, there is no crash course.