Origination

A title company owner was sentenced to two years in prison for wire fraud in connection with a scheme to use over $1.5 million in mortgage closing funds for her personal use.

Fannie Mae’s final numbers for multifamily securities issuance backed by new loans during the fourth quarter of 2012 are in, and top $10 billion for the period.

Sen. Bob Corker is urging federal regulators working on the qualified residential mortgage rule to keep it simple and make the QRM rule very similar to the qualified mortgage rule.

The wholesale channel is regaining market share and that should be the case in 2013.

We're hearing the qualified mortgage rule is going to hurt the private jumbo loan market.

New Harris Poll data is consistent with the consumer sentiment entering 2012.

SunTrust Banks Inc. reported $241 million of mortgage production income for 4Q12, compared with losses of $64 million for 3Q12 and $62 million for 4Q11.

The Consumer Financial Protection Bureau dropped the idea of requiring lenders to disclose what a loan would cost without any upfront points and fees.

First American Mortgage Services has implemented Platinum Data’s RealView and Collateral Expert.

A mortgage loan officer posted on Mortgage Grapevine that he or she was due a bonus as part of compensation from their employer at yearend.