Origination

Though 81% of consumers expressed satisfaction with banks on the mortgage process, 56% blame slow execution as among the most irksome aspects of the process.

The new Redwood Trust notes offer investors a yield of 5.6% and mature in six years.

A significant number of consumers said they would consider getting their next loan from a nontraditional source.

Late last week Credit Suisse came to market with a $330 million jumbo deal, which contains a wrinkle on representation and warranty clauses.

Mortgage fraud is still existent during the “quiet period” between when an original credit file is pulled and the closing of a loan.

More jumbo MBS deals may be on the way.

Kevin Coop has joined ServiceLink as executive vice president of enterprise strategy.

Originations volume for the third quarter came to $486 billion, a hot quarter indeed.

If residential lenders didn’t have enough to worry about they now have the “fiscal cliff” and the mortgage interest deduction to lose sleep over.

Fannie Mae reported forward commitments—a barometer of future activity—of $96.7 billion, the highest reading in over three years.