Origination

BB&T chief executive Kelly King urged his fellow bankers to vote against politicians who favor more regulation of the private sector and replace them with leaders who have more faith in the free markets.

The Consumer Financial Protection Bureau has fielded more than 19,000 consumer complaints about mortgage lenders and servicers with roughly 600 participants receiving some type of monetary relief.

It’s somewhat arrogant for a writer to state a numerical list is all that is required to accomplish whatever. If selling is not exhaustively mentioned I would suggest you discount the information because of its lack of thoroughness.

Fannie Mae's economists now believe that for all of 2012, originations will come in at $1.34 trillion, compared to a month ago forecast of $1.31 trillion.

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Single-family housing starts rose in May for the third straight month while multifamily activity fell 24% from April’s construction pace.

PHH Mortgage said it will no longer accept new FHA Streamline refinancings from correspondent lenders unless it is already servicing the loan, according to a memo provided to National Mortgage News.

MSI Mortgage Services III LLC has finally put together all the pieces so it can refinance hundreds of underwater conventional loans per month through the FHA’s short sale program.

Lenders can try as hard as they want to prevent mortgage fraud, but it always seems that the fraudsters will be one step ahead of them when devising a scheme.

Commercial banks reported 25% growth on an annualized basis in their loan portfolios for the week ending June 6, led by a 75% annualized increase in single-family mortgages ($22 billion).