Origination

FBC Mortgage has launched a separately operated and branded loan channel called CloseQuick to provide boutique third-party origination services to community banks.

You would figure that after the worst housing bust in U.S. history – even worse than the Great Depression – that bargains would abound even in places like California.

Sales were as hot as the weather in Houston in July as they were up for the 14th consecutive month.

According to new figures compiled by the Mortgage Bankers Association, the refi share fell to 80% of all new business, compared to 81% the week prior.

Manhattan Mortgage, believed to be one of the largest loan brokerage firms in the greater New York area, is on the auction block.

Democratic legislation that would allow more Americans to refinance their mortgages has stalled in the Senate amid a partisan dispute over whether to allow votes on other housing measures.

Scandals have tarnished the reputations of many large bank mortgage lenders and one expert believes they need to go back to being community lenders, the same niche their smaller competitors occupy.

A small, inexpensive way to for mortgage loan officers to help Realtors get through an open house, while at the same time building your brand.

PennyMac Mortgage Investment Trust could raise $315 million in fresh cash when it closes on the sale of 15 million shares of its common.

By the fourth quarter, the government-sponsored enterprises likely will be reporting even stronger profits as their legacy loans continue to run off, being replaced by very profitable new issuance.