Origination

Once the refinancing binge is over, Federal Reserve Board officials are hoping lenders will make credit more available to first-time homebuyers.

Re/Max is seeing encouraging signs in its February sales data, including more move-up buyers entering the market.

RE_LoanDR posted on the Mortgage Grapevine looking to place a high loan-to-value ratio borrower with 625 credit score loan to be secured by a newly constructed home.

Small mortgage bankers should not think their organizations are not of interest to the Consumer Financial Protection Bureau because of their size.

Industry groups are backing a newly introduced bill that clarifies the 3% cap on points and fees in the qualified mortgage rule.

Loans refinanced under the Home Affordable Refinance Program declined in December to 41.1%.

The uncertainty impacting the mortgage banking industry for the past few years is starting to clear as the housing market is healthier and much of the rulemaking around Dodd-Frank is now out.

Mortgage rates for 30-year loans rose to a six-month high after stronger-than-expected employment growth drove up yields for the government securities that guide home loans.

During his presentation at the Regional Conference of Mortgage Bankers Associations in Atlantic City, he discussed what might be an opportunity for originators to share with their customers.

Despite a modest increase in foreclosure filings on a monthly basis as of February, one housing industry analyst sees relief for the national foreclosure crisis through the end of this year and into 2014.