Origination

The New York State Banking Department reports the total number of delinquent homeowners has doubled to 134,000.

Analysts at Keefe, Bruyette & Woods feel the problems involving foreclosure documentation will not have an impact on title insurers, they said in a third quarter earnings preview report.

What if you had a real, honest to goodness reason to join (attend) networking groups? I know, I know. Networking can be fun. It can also be a pain in the butt. It cuts into family activities. You have time constraints.

Average rates for 30-, 15- and five-year Treasury-indexed mortgages have once again fallen to lows never before seen in Freddie Mac’s closely watched primary market survey.

The share price of mortgage insurer PMI Group continued to trade upward Thursday morning after it was revealed that hedge fund manager Leon Cooperman has amassed a 5.3% stake in the company.

PHH Corp., which controls the nation's eighth largest servicer, is likely to take a $100 million writedown on the value of its mortgage servicing rights in the third quarter, according to a new research report from FBR Capital Markets.

Bank of America, which stunned the mortgage industry Tuesday by exiting the wholesale channel, says the credit quality on its broker-source loans is quite good, but it will exit the channel nonetheless.

Prospects in the global real estate sector are "dismal" and the downturn could last for up to eight years, according to a new warning from the International Monetary Fund.

The Mortgage Bankers Association reported a net loss of $16.4 million for its fiscal year ending Sept. 30, 2009, almost double the loss of the prior year, according to its tax Form 990.

The National Housing Conference is urging the Treasury Department and Federal Housing Finance Agency to remove restrictions on Fannie Mae and Freddie Mac's multifamily programs.