Origination

If you are uncertain on the future of your LOS and vendor partners and feel like you are navigating a landscape that you can barely recognize, you are not alone. The good news is that you have options.

Home prices—including distressed sales—increased in April for the second consecutive month (by 2.2%), the first time this has happened in almost two years.

The Government National Mortgage Association approved 35 issuer licenses last year and hopes to approve about the same this year.

Regulators issued guidance Monday on how they plan to coordinate supervision of banks and credit unions with more than $10 billion in assets.

There are basically three things a salesperson must accomplish. First, the salesperson needs to find someone interested in his/her product or service. Next, the salesperson must convince the prospect/client to allow him/her to satisfy that interest and need. Last, but by no means least, the salesperson has to ensure that the transaction closes and funds. This third part to the equation is usually a good predictor of long-term success.

Marion Sandler, the co-chief executive at Golden West Financial in Oakland, Calif., for more than four decades, has died at the age of 81.

With all the attention to the new appraisal independence requirements in Section 129E of the federal Truth in Lending Act (TILA) that became effective in April of 2011, it can be easy to forget that more Dodd-Frank-based appraisal regulations are coming.

The latest round of never-before-seen lows in long-term mortgage rates and rate-indicative Treasury yields is bumping single-family residential loan volumes up another notch.

Capacity constraints in the mortgage banking industry have been holding down prepayment speeds despite the pickup in HARP refinancings in the first quarter.

Wil Armstrong, CEO of Blueberry Systems and chairman of Cherry Creek Mortgage, discusses how origination technology can help lenders' retained servicing strategies.