Origination

Data show the link between energy-efficient homes and mortgage default risk is not just a plausible, economically sound theory.

Naqvi is leaving the company at around the same time the CEO of PNC Financial Services Group, James Rohr, is retiring.

Enterprise said that its banking subsidiary has reached a deal to buy Gorman & Gorman Home Loans, a division of F&M Bank and Trust in Hannibal, Mo.

The 30-year mortgage rate dropped to 3.54% and origination projections for the year increased slightly to $1.75 billion from $1.7 billion.

The $34 billion servicing pool is made up of performing Freddie Mac and Fannie Mae-backed mortgages that currently have higher-than-market interest rates and are expected to be refinanced post-closing.

The seasonally adjusted HPI published by the Federal Housing Finance Agency Thursday morning shows that prices rose 0.6% in January after a 0.5% increase in December.

Amy Tierce has some questions and answers you can share with your referral partners.

Both Fannie Mae and Freddie Mac closed at $1.08 per share on Wednesday, continuing a spectacular run-up in recent days.

Lennar Corp. is growing its mortgage operation to provide financing for its home buying customers and to compete with local lenders in select markets.

There was $11.4 billion of premiums written last year by the nation’s title insurance underwriters, up from $9.5 billion one year prior.