Origination

Real estate investment trusts that buy mortgage debt tumbled the most in a year Wednesday on the expectation that more homeowners would be able to prepay mortgages.

The large majority of Wells Fargo's commitment, $30 million, will come in the form of bank-owned property.

In its third quarter release PHH said it believes that retail production consistently delivers “high quality” loans.

The quality of Fannie Mae's new business is the best it's been in years, but part of the reason its fortunes have improved is the shrinking nature of its loan loss reserves.

After more than three years of regulatory requirements, some of which involved the implementation of technology, the moment that the origination industry has been waiting for has arrived.

Zillow CEO Spencer Rascoff said the company is focusing on a strategy of “building home-related marketplaces.”

Radian's delinquent inventory fell during the month to 93,980 units.

Mortgage lead generation revenue grew by 27% over the third quarter of last year.

Is it too early for mortgage bankers to get excited about President Chris Christie?

Washington sources have told National Mortgage News that when the outside audit of the agency is released next week, FHA's Mutual Mortgage Insurance fund may require a bailout.