Origination

Regulators issued new guidance Thursday designed to provide relief for military homeowners who must move quickly to comply with orders.

Fitch Ratings has issued the first of a series of reports that address recent investor allegations about “servicer specific deficiencies.”

Since the third quarter of 2008, student loan debt outstanding has risen by $293 million, or 47.9%.

Even though the housing market is nearing (or reached) a bottom (thanks to absurdly low rates) brokers continue to face public criticism for their role in the mortgage crisis.

Six out of 10 homeowners who received a loan modification stopped paying their mortgage again after 18 months, but there may be a modest silver lining buried in the high recidivism rates.

Loan brokers using table funding captured 9.9% of the origination market in the first quarter, a slight gain from 4Q when the sector had a 9.7% share, according to new figures compiled by National Mortgage News and the Quarterly Data Report.

Federal banking regulators have proposed new capital risk weightings for residential mortgages that advantage government-guaranteed loans but impose higher capital requirements on conventional loans – even with private mortgage insurance.

Pricing remains the biggest stumbling block in the sale of assets backed by commercial mortgage loans, according to panelists at SourceMedia’s Buying and Selling Distressed Mortgage Portfolios Conference in New York.

Social media are not the be all/end all when it comes to marketing.

Customers Bancorp in Wyomissing, Pa., is giving up nearly 20% of its ownership to venture into the greater Washington, D.C., market.