Origination

Timios Inc., a national title and escrow company, is purchasing Glenn County Title Co., Willows, Calif., pending approval from state regulators.

Based on the comments appearing on our blogs and message boards, loan officers and mortgage brokers are overwhelmingly Republican. They don’t like too much regulation and given what’s transpired because of Dodd-Frank (regarding loan officer compensation) they’re fighting an uphill battle concerning how much money they can earn.

The Federal Housing Administration’s support for the condominium market continues to fall, but agency officials are hoping to reverse that trend.

Based on the comments appearing on our blogs and message boards, loan officers and mortgage brokers are overwhelmingly Republican. They don’t like too much regulation and given what’s transpired because of Dodd-Frank (regarding loan officer compensation) they’re fighting an uphill battle concerning how much money they can earn.

Silvergate Bank said its warehouse lending division funded 1,570 loans totaling $419 million in the first quarter.

Residential lenders will continue to enjoy high gain-on-sale margins during the remainder of the second quarter, but those profits will be down compared to 1Q—which was exceptional—according to new research from Credit Suisse.

In order to remain competitive, small lenders need to integrated underwriting systems and the ability to provide market, sponsor and property history reports and information at the push of a button.

Impac Mortgage Holdings recorded a “significant” year-over-year expansion of its mortgage lending in the first quarter, but other costs largely stemming from legacy issues produced a consolidated net loss of $4.8 million during the period.

Most Federal Reserve officials foresee a continued slow recovery in the housing market and some are optimistic the improvement may pleasantly surprise their fellow members on the Federal Open Market Committee.

A handout to give applicants on the 10 commandments when applying for a mortgage.