Origination

Closed-escrow home sales in the Las Vegas-Paradise metro area in May jumped 6.1% to 4,829 from the month before, representing a 5.7% increase for the month on a year-to-year basis and a high not seen during that month in six years.

Homebuilders are reporting stronger earnings for the second quarter as a result of increasing sales and higher home prices.

In this blog, I have written on numerous occasions about telemarketing calls I have received which I think are examples of bad marketing. I think I should give some time to those calls that might have a strategy worth exploring.

Three industry executives attending the Mortgage Bankers Association’s National Secondary Market Conference in New York this year weighed in recently on the government and private secondary mortgage markets. And in the excerpt that follows, they discuss how the transition away from the former toward the latter might someday take place.

The prolonged recovery is simultaneously keeping up the demand for mortgage counseling and the foreclosure prevention assistance supply provided by the mortgage industry. What keeps coming up short in the exchange is borrower trust.

If you think there couldn't possibly be yet another new requirement facing servicers, think again.

An American Securitization Forum report suggests market participants agree combining Fannie Mae/Freddie Mac mortgage-backed securities could eliminate pricing discrepancies between the two types of agency MBS.

The crisis in mortgage lending and the anger that followed the robo-signing scandal has become a crisis of paper.

Some friends and I recently decided to do a "staycation" in Scottsdale, Ariz. The experience was horrendous, but they taught me several valuable lessons about our industry.

After some big banks backed out of a low-income housing project in Tuscaloosa, Ala., a credit union has stepped in to help struggling first-time homeowners achieve their dreams.