Origination

The latest jumbo mortgage-backed securitization by the only consistent issuer/aggregator in the space, Sequoia/Redwood, utilizes a two-pool structure.

Houlihan Lokey, an investment banking firm, has acquired Milestone Advisors, whose clientele includes mortgage bankers.

Fargo, N.D.-based Bell State Bank & Trust has agreed to acquire The Business Bank and its Prime Mortgage division, both based in Minneapolis.

During December, Mortgage Guaranty Insurance Corp. had $2.2 billion of primary new insurance written, similar to November.

United Shore Financial Services has promoted the head of its wholesale mortgage unit to become its president.

The country's largest undercapitalized bank, U.S. Century Bank of Doral, Fla., raised $30 million in December through the sale of three loans.

In purchasing the servicing rights to 650,000 Fannie Mae loans from Bank of America, Walter Management is looking to refinance over 45% of those loans through the Home Affordable Refinance Program.

The highest share of consumers in the two-and-a-half year history of Fannie Mae’s housing survey expects home prices to increase in the next 12 months.

Making sure your clients know in any interest rate environment that you are looking out for their needs and goals.

The housing industry is starting 2013 off on a positive note as the number of improving markets rose for the fifth straight month.