Origination

Attorneys for the Texas counties that encompass Houston and San Antonio are making plans to file lawsuits against Merscorp Inc.

Home prices barely moved in August on a sequential basis, but compared to a year ago values declined 3.8%, according to new figures compiled by Standard & Poor's Corp.

A complaint that consumers have regarding today's mortgage loan origination process is all the hoops they have to jump through in order to get a loan.

A revised plan to help underwater borrowers refinance into historically low interest rates is likely to boost competition among mortgage lenders and roughly double the number of people already helped by the government program, according to analysts and industry representatives.

Rep. Scott Garrett, a New Jersey Republican who chairs the House subcommittee with jurisdiction over Fannie Mae and Freddie Mac, plans to unveil a comprehensive bill to reform the secondary mortgage market on Thursday.

CUNA Mutual Group assured credit unions Monday that its CMG Mortgage Insurance joint venture remains financially viable and can pay claims despite the financial troubles of its joint venture partner, PMI Group, San Francisco.

Ocwen Financial Corp., late Monday disclosed that it will buy Saxon Mortgage for almost $60 million in cash, a deal that will push its subprime servicing-related contracts to almost $110 billion.

Housing starts rose 10% in California in September, but all of the gain -- and then some -- was registered in the multifamily sector.

Barclays Capital has made several appointments to its U.S. CMBS team.

Rising foreign investment flows into U.S. commercial real estate bode well for the CMBS sector, said Standard & Poor's.