Origination

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

A Mortgage Grapevine poster who is an expert in the USDA program has let the community know that the government agency has come out with a new underwriting matrix.

Almost 55% of the loans financed through a commercial mortgage-backed security execution reaching their balloon date were paid off in December.

Veri-Tax and its subsidiary, Verification Bureau, have launched a Form 4506-T electronic signature solution.

The flat fee compensation concept, which many loan officers in the industry dread, has now spread to the property valuation business.

An appeals court has overturned the previous dismissal of a case involving the rights of surviving, non-borrowing spouses of Home Equity Conversion Mortgage borrowers.

Prices for the commercial real estate loans that comprise mortgage-backed securities rose in November.

As the housing market goes, so goes the economy. Therefore credit unions located in some of the hardest-hit economic areas of the country should enjoy improved bottom lines this year.

In forging the fiscal cliff deal that the House and Senate passed last Tuesday, Congress left the mortgage interest deduction vulnerable.

Of the 17 stocks in the index, 13 closed higher, four closed lower and MGIC was unchanged.