Origination

The Financial Institution Reform Recovery and Enforcement Act contains a whistleblower provision that is creating greater levels of concern amongst banks.

Although Basel III rules and pending mortgage regulations are not directly related, they are interconnected.

Fifth Third Bank is combining mobile technology and a browser-based loan officer portal to build its mortgage business and better communicate with borrowers.

Review your advertising in all media, including social media now, or you could receive this letter.

Redwood Trust has closed on a $291 million securitization of mezzanine loans and other subordinate commercial real estate debt.

The average weekly rates for 30- and 15-year fixed-rate mortgages each inched up by one basis point from their record lows.

About 700,000 homeowners refinanced their mortgages through the government’s Home Affordable Refinancing Program in the first nine months of this year.

The president of the Mortgage Bankers Association said the industry is asking Congress to reconsider the approach of using guarantee fees for anything other than their intended purpose.

REO has long been the red-headed stepchild of the housing industry, the one nobody pays any attention to and just wants it taken care of quickly and swiftly.

A few weeks back Prospect Mortgage hired industry veteran Amy Brandt to lead the company’s expansion into correspondent lending and servicing.