Origination

Mortgage industry professionals’ pride in certain traditions of goodwill can assist the military or other so-called workforce homebuyers, including doctors, through more accessible, more affordable loan options. And recent examples involve social awareness.

Over two-thirds of potential homebuyers and sellers believe the real estate market and property values will recover in the next year or two, a survey from Prudential Real Estate and Relocation Services Inc., Newark, N.J., found.

Although bidders on residential nonperforming loans are griping about a lack of available product, that's not the case over in the commercial space, according to Donald Cogsville of The Cogsville Group LLC, New York.

Tannery Brook Partners, a commercial real estate investment banking firm based in Charlotte, N.C., is joining up with Cortview Capital Securities LLC, Richmond, Va., to form a new commercial real estate platform to enhance the latter firm's product offerings.

Up until a few years ago, quality control was not necessarily top-of-mind for many financial institutions. Mortgage executives knew it was there and that it was necessary to meet the requirements of the GSEs and other investors.

Fitch Ratings will not return the title insurance industry's outlook to stable until it sees evidence of a return to sustainable profitability and surplus growth.

When you take the "friendly" out of "Business Friendly," all you have left is business—business as usual. And we all know that's just not good enough.

Mortgagebot, the Mequon, Wis.-based provider of online mortgage rate search and loan application technology, was acquired by Canadian financial services technology provider Davis Henderson Corp. for US $231.8 million, the companies announced Thursday.

During the housing boom Robert Shiller, co-creator of the Case-Shiller Home Price Index, stood out (and endured taunting) for his pessimistic views on the market. Now he's in good company. A survey of 111 fellow economists and real estate experts by his firm MacroMarkets LLC found that the outlook for the market "continues to deteriorate," with a surge in expectations for a double-dip in housing prices.

Freddie Mac purchased $38.9 billion of home mortgages from its seller/servicers in February, a slight gain from January, according to figures released Friday morning.