Origination

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.

The biggest gainer among the top five was Quicken, a privately held nonbank controlled by businessman Dan Gilbert.

Prospect Mortgage has been hiring some heavy hitters of late, causing tongues to wag.

Any attempt to rush or push clients into signing adds duress to your closing techniques.