Origination

Fitch Ratings has updated its overall criteria for assessing and analyzing the operational risk of servicers of structured finance products including mortgage-backed securities transactions.

Simple sales techniques can be employed in situations that don’t appear to be selling opportunities.

PNC Bank is the latest mortgage lender to settle with the Department of Housing and Urban Development regarding violating fair lending protections for women on maternity leave.

As regulatory reform prompts lenders to re-examine home equity lines of credit reaching maturity and the associated origination opportunity, one technology provider is seeking to help them better manage the process.

The Texas state constitution has a homestead provision in it that in the past has impacted the ability for certain types of equity loans to be made in the state.

Given the slow economic recovery consistent rent increases are not enough to motivate renters or former homeowners to look into homeownership opportunities.

The Department of Veterans Affairs has run a successful single-family program by guaranteeing 25% to 50% of the loan amount and the Federal Housing Administration could adopt a similar structure to restore its program back to financial health.

The Department of Housing and Urban Development has allocated $5.4 billion in recovery funds for areas affected by Hurricane Sandy.

Seven classes of a single-asset commercial mortgage-backed securities deal collateralized by a $500 million first mortgage financing on the acquisition of Kings Plaza mall in Brooklyn have received preliminary ratings from Morningstar.

Genworth Financial’s global mortgage insurance division had net operating income of $131 million in the fourth quarter, but the U.S. component reported a $34 million loss.