Origination

Redwood Trust said it is currently seeing a very robust pipeline of potential CMBS transactions.

Just imagine what a 10 basis point guarantee fee hike would do to the market for Fannie Mae and Freddie Mac loans. Well, apparently, the mortgage insurance industry has done quite a bit of imagining and has managed to get language added to the payroll tax bill that seeks parity between g-fee hikes for Fannie/Freddie, and GNMA.

CHICAGO - Good training comes from having good recruiting practices, declared one panelist at the "Best Practices in Sales Training" session at the Mortgage Bankers Association's annual convention here.

There are a few maxims we have all heard over the years regarding customer retention, including that it is cheaper to keep a current client than it is to have to find a new one.

Bensalem, Pa.-based ISGN provides outsourced services for mortgage originators and servicers, and as such its staff needs to meet the same licensing and training requirements that the in-house staff at the companies which hire it need to meet, one of its top executives noted.

Manufactured housing is a key source of quality affordable housing for 19 million Americans. Our greatest attribute is delivering quality and value to consumers.

When word leaks out that your company is for sale top producers – the smart ones at least – start weighing their options. Readers of this column and the National Mortgage News website have been kept abreast of all the LOs walking out the door at Bank of America.

Senator David Vitter, R-La., late this week introduced legislation that would pressure the Federal Housing Administration to recapitalize its single-family mortgage insurance fund in two years.

California home sales rose 2.1% in November on a sequential basis, and were up 2.3% compared to the same month a year ago, according to the state's premier Realtor group.

Friday morning, the yield on the benchmark 10-year Treasury fell to lows not seen in the last couple of months, a sign that mortgage rates will stay low.