Origination

Originators have been linking loan origination systems that don’t have certain e-mortgage capabilities to everything from document management systems and e-signature technology to electronic fax-receiving automation in the slow but inexorable transition toward the e-mortgage, something that is about to take another small but significant step forward this year.

SunTrust Mortgage hired former MetLife Home Loans executive Linda Steiner as a regional wholesale manager based in the Pacific Northwest area.

A check by Housing Intelligence of median prices of all homes sold in January in markets with at least 2,000 closings finds that the top five were all in Florida.

There has been a ton of confusion surrounding the Consumer Financial Protection Bureau’s 37 pages of rule making on mortgage compensation. We just want to point out that the rule is far from settled.

For years, the Small Business Regulatory Enforcement Fairness Act had applied only to the Environmental Protection Agency and, more recently, to the Occupational Safety and Health Administration, or OSHA.The Dodd-Frank Act extended the law to the Consumer Financial Protection Bureau, requiring for the first time that a financial regulator meet with small institutions before proposing any rule that would significantly impact them.

Abhinav Asthana of Wipro Gallagher Solutions discusses mobile technology security concerns.

Over the past 18 months REITs have raised $26 billion in new equity. Almost all of it has been targeted toward MBS investments. Very little has been plowed into mortgage servicing rights.

A statute long relegated to the environmental regulatory landscape is transforming the way consumer financial regulations are implemented.

Credit unions continue their bid to become a real player in the mortgage industry.

Madison Realty Capital, a commercial real estate fund specializing in flexible debt and equity financing, has completed five separate financing and note purchase transactions that totaled $25.6 million.