Origination

It appears mortgage brokerage firms across the nation are hiring – so says Don Frommeyer, senior vice president of Amtrust Mortgage Funding, Carmel, Ind.

From time to time non-originating branches can be appropriate, however, they are not a "solution" to paying profit to managers who truly want to continue originating loans.

Redfin predicts U.S. home sales in August to increase slightly on a year-over-year basis.

While the scandal surrounding the rigging of the London Interbank Offered Rate is expected to widen, the index is “so ingrained in the financial system” that there’s “little threat to its status as a global interest rate benchmark.

We have been named a finalist for an Azbee Award, for two editorials done in 2011, and also have been named winner of an award from the Native American Journalists Association, again for an editorial from 2011.

In an effort to squeeze out profits in a low-interest rate environment, banks are under increasing pressure to lower underwriting standards, offer new, potentially dangerous products and ignore operational risk.

Total employment in the mortgage industry was flat in May, but the ground has been shifting over the past few months with brokerage firms hiring while other lenders have been cutting back.

If your mortgage banking employer isn’t making money hand-over-fist then there’s something terribly wrong.

By 2005, in spite of Washington Mutual's concerns that there was a housing bubble brewing, they began to focus on option ARM loans.

Residential loan officers are entitled to overtime pay if their primary duty involves selling mortgages, according to the United States District Court in Washington.