Origination

Home loan closings were impacted as re-examinations and other forms of inspections needed to take place.

Be proactive in getting applications from your neighbors.

Federal Deposit Insurance Corp.-insured institutions originated $204.8 billion of single-family loans in the third quarter.

Most mortgages are being denied because of collateral-related issues and debt-to-income requirements.

Solera National Bank is starting its own residential mortgage division.

Chase reached out to Quicken regarding the source code of its origination software.

MVB Bank has agreed to purchase Potomac Mortgage Group for $19 million in cash and stock.

Freddie Mac has announced its last new offering of multifamily structured pass through “K” certificates for the year, a $1.1 billion deal set to price this week.

Don't be fooled. The QRM rule is not dead, though it is hibernating.

However, the American Bankers Association, Consumer Mortgage Coalition, Independent Community Bankers of America, Mortgage Bankers Association and the Housing Policy Council of the Financial Services Roundtable have “several concerns” about Phase 2 of the MBS proposal.