Origination

Senate Republicans plan to make it even tougher to get nominations through in President Obama’s second term, and that includes the mortgage arena.

The National Fair Housing Alliance has filed a federal housing discrimination complaint against Allstate alleging its “no flat roofs” insurance policy discriminates against people of color.

Sixty-one percent of KB Home’s deliveries in the most recent quarter were purchased by first-timers.

No longer confined to major cities with historically large numbers of renters, the affordable housing shortage is growing across the country.

Home prices in November increased by 2.2% over October and by 10.1% over November 2011.

Bank of America Corp. and Citigroup Inc. are missing out on the biggest mortgage profits on record after catastrophic losses during the housing crash made them wary of offering new loans.

Aggregate Ellie Mae loan origination system data show the percentage of conventional refinances with loan-to-value ratios of 95% or higher was at 9.62% in November, suggesting Home Affordable Refinance Program activity remains relatively strong.

The drop in Home Affordable Refinance Program refis occurred mostly in refinancings with loan-to-value ratios above 125%, which totaled 18,300 in October.

The 77-year-old defendant is accused of mail fraud, wire fraud and securities fraud.

The word “tragedy” gets thrown around a lot, but I think it’s true in Mozilo’s case.