Origination

Confirmed: some banks are buying and funding nonprime mortgages -- but the effort is small.

Inlanta Mortgage named Nicholas DelTorto, the founder and former CEO of Amerihome Mortgage, as its new president.

Loan brokers originated 11.3% of all residential loans in the second quarter, their best showing in almost two years.

An iPhone app released by Radian Guaranty allows users to check eligibility and calculate rates for the Philadelphia-based mortgage insurer’s products.

It takes an average of 56.3 months, or almost five years, from a missed payment to the liquidation of a mortgaged property in New York.

JPMorgan Chase recently dismissed 74 employees in Florida as the lender shuffles staff to accommodate demand for mortgage refinances.

File this under rumor: residential mortgages that are not eligible for sale to Fannie Mae/Freddie Mac/FHA (insurance) are being quietly originated and kept on the balance sheet of community lenders.

Restaurants are using CRM to cater to their regular customer preferences. Mortgage originators should do the same thing.

Mortgage bankers saw new applications spike by 11% for the week ending Sept. 7—thanks to continued low interest rates.

Mortgage Guaranty Insurance Corp. wrote $2.5 billion of new insurance policies in August, a 4% increase from the month prior.