Origination

Back in July the credit union beefed up its jumbo ARM lending, rolling out new products with introductory rates as low as 2.875%.

Community bankers, which are increasing their presence in residential mortgages, expect to face some tough choices on staying independent.

The Federal Housing Administration, which guarantees 20% of all new mortgages, has raised premiums and tightened credit standards in an effort to avoid asking for a taxpayer subsidy.

Congratulations, Mr. President. What's your position on bailing out the Federal Housing Administration fund?

Estimates on property damage caused by Hurricane Sandy range from $20 billion to $50 billion.

Will the long-awaited qualified mortgage rule be unveiled by the Consumer Financial Protection Bureau before Thanksgiving?

It's the MSR sale of the century. And the century is still young.

Independent foreclosure reviews at the major banks were meant to compensate wronged homeowners and restore some faith in the integrity of mortgage servicing. Instead, the process has become mired in questions of objectivity.

I have been putting out National Mortgage News for more years than I care to admit to and this issue, the Nov. 5 edition, is the hardest I’ve ever had to get out.

Lenders should institutionalize the loan officer assistant position, and place strict limitations on its functions.