Origination

The improvement of mortgage disclosures is a "top priority" of the new Consumer Financial Protection Bureau and was 'topic A' at a Treasury Department forum held Tuesday in Washington.

Stewart Lender Services is offering a new loss-mitigation service designed to assist lender/servicers with a significant number of Hispanic clients.

The Federal Housing Administration is bringing together lenders and investors at a Sept. 29 meeting to ensure that its new FHA short refinance program does not stumble like other attempts to address negative equity and strategic defaults.

A year ago the future looked somewhat bleak for mortgage banking firms that were the property of homebuilders: new housing starts continued to crumble and their originations were in the tank, big time. But that was 12 months ago.

Many sales people have successful coaching relationships, but there are others who feel they have wasted their time and their money. Those people quite likely only put minimal effort into choosing the person they sought coaching from. If they did put a lot of time into their decision, they might not have been using the right criteria.

The Obama administration has designated July 21, 2011 as the date the Consumer Financial Protection Bureau will take over enforcement of RESPA, TILA and other federal consumer protection laws that directly impact mortgage bankers.

Defaults on commercial real estate loans are beginning to play a larger role in the failure of FDIC-insured institutions than construction loans, according to Trepp LLC.

WASHINGTON—After a long August recess, the House and Senate have both been in session, and mortgage industry lobbyists will be looking for every opportunity to pass an extension of the $729,750 GSE loan limit.

Government-backed loans continued to grab a larger slice of the mortgage market last year, according to new Home Mortgage Disclosure Act data released Monday.

Single-family housing starts rose 2% to 438,000 units on an annualized basis during August, but multifamily construction soared by 53% during the month, according to new government figures released Tuesday morning.