Origination

Mortgage applications jumped 10.3% for the week ending Nov. 4, a sign that continued low interest rates are starting to entice consumers, according to new figures compiled by the Mortgage Bankers Association.

The Mortgage Bankers Association posted a $28.4 million loss for its fiscal year ending September 30, 2010, almost double the loss it suffered the year before.

By now you've seen the stories about Bank of America losing some of its top loan producers who—among other things—are griping about the painfully slow underwriting and closing times at the troubled residential lender.

Mortgage Guaranty Insurance Corp.'s delinquent loan inventory declined by over 1,000 loans in October although new notices outpaced cures by 3,500 loans.

All the new requirements for property valuations in the mortgage lending industry, both on the servicing and loan origination sides of the business, have enhanced the need for different types of products to be introduced into the market.

When most mortgage originators made their sales plan for 2011, they probably anticipated a year that was heavy on the purchase side, with rising interest rates keeping total volume down.

The government's effort to streamline its refinancing program for mortgage borrowers who owe more than their homes are worth will amount to a wealth transfer from investors. But which investors? And how much of a transfer?

The Supreme Court said Monday it will take up a case to decide whether an individual may allege discrimination under the Fair Housing Act based solely on the impact of a policy, rather than the intent.

Although the chances are slim, the conforming loan limit in a few high-cost housing markets could rise on January 1.

Over the past three months U.S. banks have not relaxed their credit standards on new single-family and commercial real estate loans, according to a new survey of senior loan officers released by the Federal Reserve.