Origination

Has home building finally turned the corner? On Thursday morning the U.S. government will release housing starts figures for January with the expectation that the industry is on the mend.

While the housing sector remains "depressed," some Federal Reserve officials have spotted areas of improvement.

CitiMortgage has agreed to pay the Federal Housing Administration $158 million for submitting bad loans to the mortgage insurance agency for endorsement.

Carver Bancorp Inc. in New York reported a loss of $700,000 for its fiscal third quarter, as the recapitalized company took steps to mark down its problem assets.

BlackRock Inc., the investment firm headed by MBS veteran Larry Fink, recently increased its position in PennyMac Mortgage Investment Trust to 5.48%, more than double its last recorded stake.

The single-family housing market has yet to recover in Southern California but regional opportunities are sprouting up in multifamily, according to a new forecast from Wells Fargo chief economist John Silvia.

Last summer when MetLife revealed that it would sell its "forward" mortgage business the company did something smart for its workers: it paid for its loan officers to take classes and obtain their state licenses.

ATLANTA - Loan originations on income-producing properties will rise 17% this year to nearly $230 billion, the Mortgage Bankers Association is projecting in its first-ever nonresidential lending forecast.

Mortgage applications declined 1% on a seasonally adjusted basis for the week ending February 10, driven by an almost 9% seasonally adjusted drop in purchase applications, according to figures compiled by the Mortgage Bankers Association.

Last week I wrote about the need for marketing to connect with the consumer on an emotional level. This is especially true if the product you are selling is or nearly is a commodity.