Origination

Mortgage Technology will commend the lenders and servicers that use technology to improve processes, provide exceptional customer service and increase business with its annual list of the Top Tech-Savvy Lenders and Servicers. The deadline for all nominations is 6 p.m. EDT Thursday, August 16, 2012.

Total loan application volume increased 16.9% on a seasonally adjusted basis for the week ended July 13.

June statistics from the California Association of Realtors show home sales experienced solid gains annually and home prices reached their highest level since August 2010.

The problem with the jumbo MBS market is the sterling credit quality of current production and the staunch unwillingness of originators to sell mortgages into securitization trusts.

Fewer borrowers defaulted on their mortgage loans in June compared to the prior month.

The Census Bureau reported that single-family starts rose to a 539,000 seasonally adjusted annual rate in June, up from a 515,000 rate in May.

Drawing the line between regulatory failures and regulatory implementation failures is not an easy task.

Currently, borrowers in communities outside of metropolitan statistical areas with populations below 10,000 are eligible for RHS-guaranteed loans.

As commercial loans continue to default at a brisk pace, the controlling classes of certificate holders in CMBS are likely to change with increasing frequency.

Everything is great when you are getting a healthy paycheck, but life can become quite stressful if you don't plan for the day when loans will slow down.