Origination

One of my most long-lasting and profitable niches was working with an Asian community. No, I’m not Asian. No, I do not speak the language. But I did understand their culture, their family structures, their mindset about money and their religious beliefs.

The Federal Reserve, in its new 'Beige Book' report, says U.S. home sales are in the tank again with "evidence of very low or declining" interest from consumers in buying a house.

Fiserv this week rebranded its multiple product loan servicing platform, calling it LoanServ.

CoreLogic Credco has unveiled a new product called the LQ GAP report, which is designed to help residential lenders comply with Fannie Mae's 'Loan Quality Initiative' by identifying and summarizing any changes in an applicant's credit report between pre-approval and pre-funding.

Housing was a big part of the disaster caused by Hurricane Katrina, whose five-year anniversary has just been soberly noted. It would be a great thing if housing could also speed up the recovery from a devastating one-two punch of natural and manmade catastrophe.

A new trade group that caters to the 'hard money' segment of the mortgage industry has drafted a code of ethics for its members — lenders that are privately held and cater to borrowers who can't get credit elsewhere.

Residential loan applications fell by 1.5% on a seasonally adjusted basis last week, but there was a slight improvement in new purchase money loans, according to figures compiled by the Mortgage Bankers Association.

BDO Seidman has brought on Richard Hauer, a commercial property workout professional, to assist the New York consulting firm's bankruptcy and restructuring professionals on all real estate-related issues.

Over three-quarters of the Baby Boomer generation whose ages are between 45 and 65 said they are willing to spend less money now to have more to invest for a more comfortable lifestyle in the future.

A unit of Mariner Holdings LLC, Leawood, Kan., has purchased part of a $760 million portfolio of property loans from the Federal Deposit Insurance Corp.