Origination

Investors were a lot happier with Ellie Mae once they learned about the company’s results and management change.

An originator posting on the Mortgage Grapevine is asking how many files per month his processor should be handling.

Key regulators signaled that they will consider matching up the qualified residential mortgage rule with the definition of the qualified mortgage so they don’t place additional constraints on lending.

The standard’s greatest risk is its ambiguity. HUD declined to provide any sense of meaningful examples as to what amounts to a disparate impact.

The gap between the listing price for a property and the actual closing price continues to narrow in the U.S.

Banks will unload big volumes of distressed loans this year, the head of PennyMac predicts.

The Bay Area housing market had the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price.

Gleacher & Co. has found a buyer for the ClearPoint wholesale mortgage production business it put on the block last November. The unit is being acquired by Homeward Residential Inc., a subsidiary of Ocwen Financial Corp. Terms of the deal were not disclosed.

U.S. consumers and advocates generally grew fonder of fixed-rate mortgages while criticizing securitization in the wake of the downturn.