Origination

In this roundtable held at the Regional Conference of Mortgage Bankers Associations in Atlantic City, N.J., the hot topic of the day was the new rules of the road coming out of Washington.

Veros believes the five markets which will see the most improvement are: Los Angeles-Long Beach-Santa Ana; San Francisco-Oakland-Fremont; Phoenix-Mesa-Scottsdale; San Jose-Sunnyvale-Santa Clara, Calif.; and Midland, Texas.

House prices rose 0.3% in January from the prior month, according to Lender Processing Services.

Expecting the same employees who have been doing refis the past two years to start doing purchase mortgages well may be unrealistic.

Overcoming fear to live the life we have dreamed of.

The Regional Conference of Mortgage Bankers Associations 2013 was held at the Taj Mahal in Atlantic City March 11 through 14. There were some 1,625 attendees total for both the commercial and residential portions of the show.

As the housing market improves, small and mid-sized builders are finding it harder to acquire and develop lots while their larger brethren are buying up land that they don’t intend to use for two or three years.

Federal Home Loan Bank members participating in the Mortgage Partnership Finance Xtra program originated $6.9 billion in single-family loans in 2012–up nearly 150% from the year prior.

Lenders said they see GSE reform as a way to give the large banks control of the securitization market.

MGIC Investment Corp. remains the Mortgage Industry Equity Composite stock with the most shares changing hands.