Origination

FBC Mortgage’s 2012 Florida report reflects a strong rebound for the state’s mortgage and housing market during the year.

The New York Association of Mortgage Brokers annual convention was delayed by Hurricane Sandy and that was a big topic of conversation at the show. One of the presenters at the Melville gathering was a representative of the Small Business Administration. Sandy was a topic during Origination News' roundtable with NYAMB's board.

A Fitch presale report on the second Sequoia/Redwood Trust deal of 2013 is out.

A multimillion-dollar investment by DocMagic to build a new state-of-the-art technology center to enhance its security protocols has been completed.

Houston’s Envoy Mortgage is the latest independent mortgage banker to step into an area where the bigger banks are abandoning or cutting back correspondent lending.

Following “a banner year for the multifamily market” in 2012, another good year is ahead—if capital becomes available.

First Financial Network announced an $85 million loan sale of several assets held by the failed NOVA Bank for which the Federal Deposit Insurance Corp. is acting as receiver.

A report from Keefe, Bruyette & Woods said that while the fourth-quarter results reported by the large mortgage originators have been positive, its concerns over the sustainability of the current mortgage banking environment going forward has increased.

In his first nine months as comptroller of the currency, Thomas Curry has had to deal with a community bank revolt against Basel III, policy heavyweights calling to break up the big banks, and a mortgage servicing settlement that had gone expensively off track.

For the week ended Jan. 18, total application volume was up 7%, according to the Mortgage Bankers Association.