Origination

Real Estate Mortgage Network Inc. has launched a correspondent lending division to be operated out of its wholesale fulfillment center.

The one company to consistently aggregate jumbo loans for securitizations since the downturn has received an originator assessment from Moody’s Investors Service that finds it is “above average.”

Costco has started to offer mortgages through approved lenders and heavily marketing the program to its 68 million members.

Average fixed mortgage rates reversed course and inched up in Freddie Mac’s weekly survey, ending a run of record lows in recent weeks.

Three attorneys and a former attorney pleaded guilty in Manhattan federal court for conspiring to commit wire and bank fraud in connection with a $66 million mortgage fraud scheme.

If CFPB is successful in killing nonbank brokers who’s to say the agency won’t go after nonbank servicers next? That would mean all those REITs buying MSRs might be in danger.

The Federal Home Loan Bank of Boston is teaming up bank employees with student volunteers from Bike & Build, a nonprofit organization whose mission is to construct affordable housing across the nation through cross-country bicycle trips that benefit affordable housing developers.

The Department of Housing and Urban Development’s Section 184 mortgage is the most successful loan ever to target American Indians.

Gramercy Capital Corp. has changed both its investment strategy and its management following completion of a strategic review.

Experian’s research data show over 20 million underbanked consumers may be eligible for financial products normally reserved for prime credit prospects.