Origination

SunTrust Mortgage is putting more resources into its call centers as a low-cost way to reach potential customers nationwide.

Increased capital requirements for financial institutions were designed as a safeguard against banking system risk, but they also are holding back community banks’ ability to contribute to a housing recovery through origination.

The National Association of Mortgage Brokers' NAMB National conference in Las Vegas was the best attended the organization had in years. During the show, Origination News met with the group's board and discussed NAMB's repositioning, new regulations and the future of wholesale.

It is time to create training programs to attract newcomers to the business.

Louis Borsellino, newly-installed president of the New York Association of Mortgage Brokers, lays out his plans for the coming year.

The government’s programs to modify mortgages, along with private efforts in that area, had the effect of stabilizing home prices by delaying foreclosures and preventing a glut of distressed homes coming on to the market.

First American Financial Corp. has priced a $250 million debt offering which is scheduled to close on Jan. 29.

New home sales fell 7.3% in December after hitting a two-and-a-half-year high in November.

Purchases of mortgage loans and MBS by Freddie Mac plummeted 46% in December after a huge spike in November.

Updates from the Consumer Financial Protection Board and the Department of Housing and Urban Development.