Origination

Commercial and multifamily mortgage originations in 2Q12 were up 25% on a year-over-year basis, benefiting from the same low interest rate environment that is sustaining residential mortgage lending.

The S&P Case-Shiller house price index climbed 2.2% in May after a 1.8% increase in April.

The Census Bureau reported that the number of the owner-occupied homes rose by 126,000 units in the second quarter after falling by 490,000 units in the first quarter.

So far, 43% of complaints received by the CFPB since it opened its doors in July 2011 were about mortgages.

American Mortgage Network is staffing up on wholesale management talent with three new senior hires.

After hiring a MetLife mortgage team in Northern California, Provident Financial Holdings said its fiscal fourth-quarter profit more than doubled from a year ago.

Ellie Mae has upgraded its Encompass360 loan origination system with new features to increase compliance and efficiency.

Banking analyst argues that providing good customer service is not integral to financial success.

A new series of Centex homes is designed “to respond to the increasing demand for affordable homes by “Generation Y,” the largest U.S. demographic, according to executives.

Roughly 2.7 million California households – homeowners and renters – pay at least half their income for housing.