Origination

U.S. District Court Judge Beryl Howell late Wednesday denied a preliminary injunction aimed at halting the Federal Reserve's loan officer compensation rule, dealing loan brokers a major blow.

Lewis Ranieri, the co-inventor of the MBS, on Wednesday predicted that the new 'qualified residential mortgage' rule will push more borrowers into non-QRM loans who would normally qualify for a Fannie Mae or Freddie Mac product.

As of January 2011, the "shadow inventory" of homes declined slightly from the same time period a year ago, but nine months' worth of supply still remains, according to a new report released by CoreLogic.

Fannie Mae's relatively new Guaranteed Multifamily Structures Program is gaining traction in the market.

A run-in with the government has rattled Hudson City Bancorp — and Ronald Hermance's outlook on its bread-and-butter product: 30-year-fixed rate mortgages.

The Federal Reserve Board is showing no signs of backing down on its loan officer compensation rule despite congressional requests and industry lawsuits to delay the April 1 effective date.

This past weekend I had a booth at a Senior Expo. It was held at a religious institution in our neighborhood. Typically, I would not attend one of these expos and I definitely wouldn’t have a booth.

Rising interest rates took their toll on mortgage applications with new business volume falling by almost 8% for the week ending March 25, according to new figures compiled by the Mortgage Bankers Association.

The critical HUD IG report last year that recently led to a servicing mortgagee letter related to situations in which borrowers fail to meet their tax and insurance payment obligations has likely future implications for origination practices as well.

The nation's title insurance companies wrote $9.61 billion of new premiums last year, a slight gain from 2009, according to figures compiled by the American Land Title Association.