Origination

THIS JUST IN: Is a new subprime lender about to emerge? I know of one industry veteran who hopes to secure financing to originate nonprime low LTV mortgages.

I really don’t see a problem with books in general; however, books that offer sales training and/or guidance are usually too long and complicated, too short, to be effective.

For Richard Weiner, remaining a leading producer at Envoy Mortgage means having to do just as much, if not more, as getting there.

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.