Origination

Fannie Mae guaranteed $7.1 billion of new multifamily MBS during the first quarter, its best issuance volume since the advent of the credit crisis four years ago.

It's no secret that over the past three years the megabanks have run screaming from the third-party lending sector, abandoning correspondent lenders and loan brokers alike. Bank of America and TPO: Gone. Citigroup and TPO: gone. Ally Financial: Just about gone. But there's a growing trend of mid-sized and regional banks that see a huge opportunity in wholesale and correspondent.

Between everything you do - family, friends, hobbies, work, play, lessons, school, well, you name it - you probably don’t have one spare minute in your life.

Cole Taylor Mortgage saw its revenues increase by 94% on a sequential basis in the first quarter while its mortgage servicing portfolio more than doubled in size, according to new figures released by the company.

March went out like a lion in Illinois, where existing home sales hit their highest level in four years during the month and the median price snapped a 20-month streak of declines.

For more than a year, lenders have complained about the tough enforcement regime and controversial legal theories espoused by the Justice Department's fair lending unit.

Title agents are hoping the new Consumer Financial Protection Bureau will get tough on lenders that low-ball the initial costs they disclose to homebuyers and then surprise borrowers at the closing table with higher charges.

Remodeling activity will grow by a "healthy" 6% by year's end, according to an index that measures strength in the sector.

Until not too long ago eWarehouseOne had a policy: if a firm didn't pass the application review stage, the company would return the mortgage banker's money. At least that's what company vice president Anthony Simich told National Mortgage News last month.