Origination

A relatively new government website known as SAM that FHA lenders must check before making a loan has been slowing the origination process since Thanksgiving, particularly for lenders doing multiple searches.

Having a business plan for when refinancings go away.

Mobile search patterns are not like those of desktop searchers.

Although Bank of America exited the correspondent channel earlier this year, its Merrill Lynch affiliate is aggressively bidding on jumbo loans in the secondary market.

Thomas McInerney has been named president and chief executive of Genworth Financial.

Research looking into the increasing gap between primary and secondary mortgage rates suggests that there are some factors to watch which affect these going forward.

Freddie Mac sees a modest decline in residential fundings next year as the purchase business gathers steam.

Ed Pinto says 40% of FHA loans are subprime and are hurting neighborhoods.

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.