Origination

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.

Rumors abound of new jumbo conduits, and there seems to be a little more fire to the smoke than earlier in the year.

Consumers want things done quicker, while regulators want them done right; both will hold the originator responsible.