Origination

With the ever-growing use of social media and networking sites (Twitter, Facebook, LinkedIn, etc.), more and more employees are both using and abusing them on the job. There are plenty of great, beneficial uses for these media in the work environment but you're setting up a variety of potential legal, ethical, and reputational disasters if you aren't clear about how they can and can't be used while on the job.

A California lender began selling jumbo loans this month to global asset manager BlackRock Inc., proof that private investors are not waiting for the securitization market to fully recover before getting back into mortgages.

J.I. Kislak Mortgage LLC, Miami Lakes, Fla., by yearend hopes to at least triple the number of loan officers currently under its employ as it expands its retail mortgage franchise in Florida and other parts of the Southeast.

Last week's bankruptcy filing by book retailing giant Borders Group is expected to cause trouble for several commercial real estate owners, including the Michigan-based Agree Realty Corp.

A sharp drop in the level of loan loss provisions helped the banking industry earn $21.7 billion in the fourth quarter, the second highest quarterly total in more than three years, the Federal Deposit Insurance Corp. reported.

Residential refinancing activity in the fourth quarter pushed bank originations to the highest level since the spring of 2009 when the Federal Reserve was still purchasing mortgage-backed securities.

Single-family existing home sales rose 2.4% in January following a 12% jump in December, according to new figures compiled by the National Association of Realtors.

In our past few articles, we have been discussing the one sentence that will generate more clients for you. Here’s the sentence: People will do anything for those who encourage their dreams, justify their failures, allay their fears, confirm their suspicions and help them throw rocks at their enemies.

Thanks to lower interest rates, mortgage application volume rose 13% for the week ending February 18, according to new figures compiled by the Mortgage Bankers Association.

The percentage of working Americans who say they are saving enough for retirement fell five percentage points between February 2010 and 2011, a survey found.