Origination

Even though the implementation of the Secure and Fair Enforcement of Mortgage Licensing Act was supposed to create a national set of standards for all mortgage originators, concerns that mortgage brokers and mortgage bankers are currently on an uneven playing field when it comes to becoming a registered loan officer persist.

Home prices fell 1.1% in September from the prior month and the outlook for the coming winter months – when sales tend to slow – are anything but positive, according to a new report from CoreLogic.

Consumers continue to be pessimistic about home prices – with many saying that values still have further to fall – but they also believe, overwhelmingly, that now is a good time to buy.

A new Urban Land Institute report intending to open a yearlong dialogue about the future of real estate in the changing economy finds a world struggling to adapt to new market realities.

For over 60 years, the Rural Housing Service, part of the Department of Agriculture's Rural Development Mission Area, has been supporting the community development needs of rural America.

The mortgage bust has inspired a big wave of rethinking about the value of home owning. The mantra of "the American dream of homeownership" has often been turned into a statement like "not everyone should be a homeowner."

A decision to restore the $729,750 maximum loan limit on government-backed loans likely will be made by House and Senate leaders -- and not the appropriators, according to industry sources following the issue.

The U.S. mortgage insurance business at Genworth Financial Inc., Richmond, Va., nearly halved its year-over-year loss in the third quarter as new flow delinquencies declined 14% from the previous year and new insurance written was up by 13% in the same timeframe.

American International Group, New York, reported a net loss of $4.1 million, which includes a $931 million decline in the fair market value of AIG's holdings in Maiden Lane III and a $43 million decline in the fair market value of its subsidiary SunAmerica's holdings in Maiden Lane II.

When we take full responsibility for our behavior—when we really own what we do and the impact of our —we immediately impose a range of extremely hardy pressures on ourselves to do the right thing. These pressures range from wanting to be proud of a job well done to wishing not to be humiliated or punished for doing the wrong thing.