Origination

A Mortgage Grapevine poster is asking others why a particular company pays its originators a certain percentage.

Impac is hiring 100 people to staff a Salt Lake City operations center.

Daniel Gilbert has been promoted to chief executive of NorthStar Real Estate Income Trust.

Now that Quicken Loans has licensed its loan origination platform to JPMorgan Chase, the online lender is looking to grow profits by selling its mortgage technology to more banks.

The Eleventh Federal Home Loan District Cost of Funds Index increased seven basis points between November and December to 1.071%.

The inventory of foreclosed properties is approximately 20% less than a year ago as fewer foreclosures were completed during the last month of 2012.

Mortgage companies added 29,000 new hires to their payrolls in 2012, including 2,900 full-time employees in the month of December alone.

No one should mistake new regulations as a green light to impact loan officers' compensation every time a lock date is missed, but they help.

PulteGroup said fourth-quarter profit quadrupled as the homebuilder’s sales increased amid a U.S. real estate revival.