Origination

For a short two-week period, the Rural Housing Service was guaranteeing loans again, but that came to end on Oct. 1.

Freddie Mac found the latest drop in the 30-year rate brought it to a level that the Federal Housing Administration suggests may have last been seen in 1951 and recent Fed statements suggest more possible downward pressure could be seen.

September was the best month ever for closed mortgages at Quicken Loans Inc., $3.4 billion, which equates to approximately 15,500 loans.

Noting new life in the market for commercial mortgage-backed securities, a survey of industry specialists suggests that issuances could once again reach $100 billion by 2013.

Rental apartments are the favorite sector for real estate investors, according to an annual survey conducted by the Urban Land Institute and PriceWaterhouseCoopers.

It often seems as though men and women are from different planets, but every day millions of couples navigate through day-to-day and even life-altering decisions. Because a home is the biggest purchase most people will make in their lifetime, we surveyed 1,000 individuals to discover how much men and women differ in the home-buying process.

Buybacks and other foreclosure crisis-related concerns are changing the mentality of originators. And nobody can see it more clearly than vendors who are trying to keep up with their clients’ mortgage technology needs.

A widely used third-party registry of mortgage assignments has found itself in the center of “foreclosure-gate,” amid allegations that its service is part of the greater issue of faulty or even illegal foreclosure practices plaguing the lending industry.

Radian Guaranty Inc., Philadelphia, has hired its first ever chief franchise officer, a position designed to build and promote the value of the company's mortgage insurance offerings.

Even though loan brokers have been going out of business in droves the past three years, the wholesale lending channel is alive and well, according to the nation's largest table funder, Wells Fargo & Co.