Origination

National Mortgage Insurance Corp. has now been approved by New York State to do business.

Quicken Loans set an all-time company record by closing more than $70 billion of retail home loans last year.

Economic growth will slow to 1% in the current quarter from 3% in the fourth quarter of last year, but that will not stop the recovery in housing.

Even though the rates for the 30-year fixed-rate conforming mortgage rose to their highest level since November, application volume was up 11.7% for the week ended Jan. 4, according to the Mortgage Bankers Association.

Mortgage companies that own title companies are worried that the qualified mortgage rule the Consumer Financial Protection Bureau is slated to unveil Thursday will penalize the use of affiliated service providers.

Citibank Small Business has come out with 10 ideas that mortgage industry participants need to seriously consider in order to stay competitive.

Clifton Savings Bank has set aside a $10 million fund “for special low-interest” home equity loans to victims of Hurricane Sandy.

Carrington Mortgage Services wants to expand its presence on the East Coast and is opening a new loan underwriting center in Connecticut.

Solidifi’s U.S.-based operation is merging with Kirchmeyer & Associates to create an appraisal management company that will serve 50% of the top 50 lenders in the country.

A Mortgage Grapevine poster asks, “I am just curious to what brokers are closing loans with what lender and why?”