Origination

Here's a pop quiz for mortgage professionals everywhere: name a foreign bank that successfully bought a U.S. mortgage banking operation—or grew one from scratch—and actually did well with it.

The Fourth Circuit Court of Appeals sided with the Consumer Financial Protection Bureau’s reasoning in an amicus brief and broke ranks with other courts in ruling on a borrower’s right to rescind and void a mortgage contract.

How effective is social media as a sales tool? According to a pair of researchers at Behavioral Sciences Research Press, the old tried and true method of person-to-person contact is much more effective.

The Federal Housing Administration will begin collecting full, electronic appraisal reports for the mortgages that it insures.

The FHFA has created a financial incentive for executives at Fannie Mae and Freddie Mac to ensure that deadlines for the Uniform Mortgage Data Program are met.

John Robbins has created mortgage production platforms from scratch before, most notably with American Residential Mortgage and American Mortgage Network. But his latest venture, he admitted, was in at least one way a little more difficult because of how the industry environment has changed in the past few years.

White House Press Secretary Jay Carney said Monday that JPMorgan Chase's $2 billion loss reinforces why the Dodd-Frank Act was necessary.

Today's mortgage bankers have to accept very, very long audits as a marketplace reality. Whether they find auditors likeable and useful, on the other hand, is highly disputable.

The long-term rate-indicative 10-year Treasury yield on Monday morning dropped to a low below 1.8% not seen since February.

For almost 95% of mortgage borrowers who refinanced in the first quarter, staying in or moving to a fixed-rate product was the goal, according to the latest Freddie Mac quarterly product transition report.