Origination

Aklero Risk Analytics will offer discounted pricing, as well as enhanced delivery options, technology and support, to the member banks of the American Bankers Association’s Business Solutions subsidiary, under a preferred vendor agreement between Fort Washington, Pa.-based Aklero and the Washington-based ABA.

Based on earnings reports and call report filings from smaller banks, Trepp is projecting delinquency rate improvements for residential and commercial mortgages in the second quarter compared to the previous quarter.

A representative of the American Academy of Actuaries testified before a Congressional subcommittee on July 8 that the Social Security program retirement age must be raised sooner than later in order to restore actuarial balance to the program.

The mortgage origination and servicing businesses complement the other lines that operate under the MetLife Inc. banner. That is why the company will keep MetLife Home Loans although it plans to sell the unit’s depository parent MetLife Bank NA.

Mortgage application volume declined for the fifth time in the last six weeks, this time by 5% for the week ended July 22, according to the Mortgage Bankers Association.

Yadkin Valley Bank and Trust Co., Elkin, N.C., has exited the wholesale mortgage business in order to better focus on retail mortgage lending.

New home sales fell 1% in June as demand for newly constructed units remained stuck in a low range during the traditional spring buying season.

Cornerstone Mortgage Co. on Tuesday said it will comply with a consent order issued by the Georgia Department of Banking and Finance and pay $90,000 in penalties to resolve claims that the Houston-based nonbank lender allowed unlicensed loan officers to originate loans.

The growing number of community banks entering the warehouse banking field because they want a better return on investment has added another participant. The newest entrant is Southwest Bank, Fort Worth, Texas, which has hired David E. Frase to run its operation.

I have said this before and I will probably say it again. The return on one's investment in a social media marketing campaign needs to be measured, just as one would measure the ROI on a traditional marketing campaign.