Origination

Although the U.S. government runs the risk of defaulting on its debt obligations for the first time in history, mortgage rates – for the most part – have not moved much the past week or so.

Old Republic International Corp., Chicago, warned Thursday that without an agreement from its regulator and the secondary market, that it could stop writing new mortgage insurance business at the end of August, and put the unit into run-off.

Chief executives from the country's largest banks sent a letter to the White House and Congress Thursday urging them to reach an agreement this week to raise the debt ceiling.

A Texas investment firm has launched a new fund to invest in subordinated debt and take mezzanine stakes in what it calls "carefully selected" mortgage banking firms.

An index that gives insight into future home sales rose 2.4% in June after jumping 8.2% in May, a sign that not all consumers are spooked by the housing market.

I’ve just finished my third (yes, No. 3) midlife crisis! I spent 30 days in Europe last month—10 days in Italy and 20 days in Greece! It has always been a dream of mine to not to be just another typical tourist—I wanted to spend three or four days in one location, getting to know each city, its people, how they lived and worked from day to day.

BB&T's warehouse lending commitments rose 28% in the second quarter to $1.76 billion as the bank increased its nonbank customer base to 160 institutions.

The Federal Housing Finance Agency on Wednesday filed suit against UBS Americas for misrepresenting the quality of private label, non prime MBS it sold to Fannie Mae and Freddie Mac during the housing and mortgage boom.

The chief executive of Flagstar Bancorp, Troy, Mich., told a conference call that he was encouraged by the steady results the company is seeing as it moves from a mortgage banking model to a commercial banking one and works to reverse a loss it took in the second quarter due to legacy concerns.

Cognizant has acquired CoreLogic’s Global Services Private Ltd., the India-based captive operations of CoreLogic, in a move that transfers some operations used for U.S. mortgage industry outsourcing to the former company.