Origination

Mortgage applications decreased by just under 1% for the week ending June 15, but FHA refinancings soared.

Discover Financial Services is finally getting its feet wet in the mortgage origination business, but the credit card lender isn't jumping into the deep end anytime soon.

For community bankers, it was always a romantic notion—the idea that they could give mortgage lending short shrift and beat the big guys on commercial loans. But mortgage lending is looking pretty good to these bankers now.

Redwood Trust soon will market another new jumbo MBS deal—this one, like the others—dominated by California mortgages which comprise just over 49% of the bond.

Traditionally, underwriting focused on applying a static set of guidelines to determine an approve/reject decision.

The concept of the certified loan is a “game changer” that can help protect lenders from fraudulent applicants.

Moody’s noted that improvements in the apartment market have dissipated in recent months after the index soared to roughly 140.

The office vacancy rate in major Canadian cities fell to 5% in the second quarter from 5.4% in the first quarter, the second time the reading has been this low since 1985.

Distressed property rental programs and new private-label mortgage originations pose new opportunities for investors.

Mortgage bankers and brokers (banks and nonbanks alike) could call a national strike on making any new loans for, say, 60 days and see what type of damage that does to the U.S. economy.