Origination

In 131 out of 212 cities that have a population of at least 200,000, third-quarter foreclosure activity fell year-over-year.

Fixed mortgage rates inched back up on average in Freddie Mac’s weekly survey, following a slight drop the previous week.

Is there any mortgage lender that should turn up their nose at a pot of $100 billion in mortgages? Don’t think so.

Among other things, Bank of America is accused of continuing a high speed loan processing program dubbed "The Hustle" that started at Countrywide and cause massive losses at Fannie Mae and Freddie Mac.

In an email to employees, Residential Capital Corp. notes that Nationstar’s bid remains in place for 30 days should something change in regard to Ocwen’s offer.

Flagstar posted gain-on-sale income of $334 million in the third quarter, an impressive 57% increase from 2Q.

Upbeat meeting tempered by an uncertain future.

Global DMS has launched its Global Unity Project, an initiative that seeks to create seamless integrations with all of the major loan origination systems.

A heightened focus on due diligence and loan file reviews has made it imperative for lenders to incorporate quality control technology and processes that can minimize repurchase risks.

Ocwen Financial is telling its employees that it prevailed in its bid for Residential Capital Corp.