Origination

Cost is still one of the most critical components for consumers when it comes to the residential application process.

If a bank-owned mortgage firm wants to increase its value, it should pay for its loan officers to get licensed.

Bankers and mortgage lenders have become increasingly concerned about the fiscal cliff, an automatic trigger of steep budget cuts and tax hikes that would go into effect in early 2013 if Congress does not act.

Ginnie Mae approved 34 new issuers in fiscal year 2012 (which ended September 30), bringing the total universe of government-approved firms up to 406.

The new chairman of the Mortgage Bankers Association says the industry needs to make certain that regulators understand that to go beyond consumer protection into excessive credit constraints will damage the housing industry.

Transparency is the word being thrown around by many at the meeting.

SunTrust would have earned a record high of $152 million on mortgage banking in the third quarter if not for loan buyback reserves.

Residential Capital Corp. will be sold through an asset sale with possibly $4 billion in proceeds going to the bankruptcy trustee.

Fannie Mae and Ginnie Mae are seeking to protect taxpayers as a flood of new lenders apply to do business with them.

Mortgage Bankers Association president and CEO David Stevens declared that Fannie Mae and Freddie Mac should go through the same rule-making process as any other government agency while they are in conservatorship.