Origination

Although new home sales so far this year have been off substantially from a year ago, several large public builders have managed to boost their sales, according to Hanley Wood Market Intelligence.

The Federal Reserve Board's compensation rule is expected to reduce the use of yield-spread premiums, but that doesn't seem to bother the mortgage brokers.

After four consecutive months of increased sales, the Houston market hit the skids in July, according to the local Realtor group.

Some of my friends who work for public relations firms probably won't like this column too much. But in an era where small businesses need to look after every dime they spend, including the dimes they spend on marketing, being able to do some of your own PR work is important.

Sales of single-family existing homes plummeted 27% in July from the previous month as the expiration of homebuyer tax credit sucked all the oxygen out of the market. The sales reading was the worst in 15 years.

WASHINGTON-Since May, the Rural Housing Service has been offering conditional loan commitments to lenders, but few are willing to bite anymore.

New home sales in California slipped again in June, according to the latest report from the state's builders.

California's Realtors have called on Gov. Arnold Schwarzenegger to sign legislation that extends -- in a narrowed manner -- the state's protections against deficiency judgments to homeowners who have refinanced their properties.

As part of its disposal of U.S. consumer banking businesses, HSBC Holdings PLC is shopping HSBC Mortgage Corp. around. As with many yard sale offerings, the property's attractiveness is up for debate.

The expansion-minded MetLife Home Loans has hired two former executives from Sovereign Bank to manage its new warehouse lending division, National Mortgage News has learned.