Origination

Data show the vast majority of pre-retirees and older workers are overburdened by mortgage debt and other modern era expenses.

The Federal House Finance Agency is committed to building a common securitization platform that Fannie Mae and Freddie Mac both will use to issue their own MBS, but there will be no blending of their products.

The average rate for a 30-year Freddie Mac loan stayed at 3.55% for the week ending Sept. 13 as markets speculated on the possibility of further stimulus from the Federal Reserve.

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.