Origination

PacTrust recent hires include industry veterans Rick Cassano and Zoila Price in a effort to grow its mortgage business.

A report from Fitch Ratings on Fannie Mae and Freddie Mac said the ongoing U.S. fiscal policy debate is not expected to have a direct impact on the two government-sponsored enterprises.

A Mortgage Grapevine poster asks fellow board members which branch organization they would choose to join.

In partnership with the Texas Affordable Housing Corp., mortgage lenders originated over $200 million in loans for low- and moderate-income families in 2012.

The Department of Housing and Urban Development has launched its first housing discrimination mobile application.

Redwood Trust has priced $250 million in aggregate principal amount of 4.625% convertible senior notes due 2018 to fund activity that may include the funding or purchase of mortgage-backed securities.

Freddie Mac is lining up more lenders as it rolls out a program to provide financing for its REO sales across the country.

Servicers are performing origination functions, often using laid-off originators to do the work.

A cap on points and fees in new qualified mortgage rules could put brokers and affiliate relationships in jeopardy.

Systems for new Consumer Financial Protection Bureau rules must be in a production-ready state several months before their “go-live” date early next year.