Origination

To protect against litigation and losses, investors will require residential funders to certify that the points and fees charged to borrowers do not exceed the 3% cap in the qualified mortgage rule.

Rather than selling homes to legitimate investors, Foreclosure Solution Specialists designed sham sales to straw purchasers.

The worst housing I’ve ever seen is in the border areas adjacent to Mexico.

PennyMac is experiencing explosive growth in the correspondent channel.

The correspondent channel accounted for 49% of Wells Fargo’s residential production in the third quarter.

The Consumer Financial Protection Agency has until Jan. 21 to issue the qualified mortgage rule as mandated by the Dodd-Frank Act, and around the same time the loan officer compensation rule might finally be unveiled.

Unemployment is one of the reasons why the recovery is a slow one.

“Homebuilders are getting extra help right now from mortgages,” according to one homebuilding analyst.

Allonhill workers who lost their jobs were working on transactional due diligence accounts.

Over 1,400 people have registered to attend the 2012 NAMB National show in Las Vegas, the best attendance in years.