Origination

Regulatory changes continue to largely drive automation for those on the production side, especially when it comes to documents, according to executives at DocMagic Inc., Carson, Calif., which does business as Document Systems Inc.

What do you do when a client tells you that they already been pre-approved by another lender and they are just shopping around for rates?

Every once in a while I get a slew of questions and comments centered on the family members of the seniors. And yes you guessed it, those questions and comments are about the kids.

Citizens Financial Group has named a former marketing and business development executive from SunTrust Mortgage Inc. as president of its Home Lending Solutions business.

Small banks and credit unions that rely on table funding to originate mortgages will be treated just like "mortgage brokers" under the new compensation rule issued by the Federal Reserve Board.

The refinance share of total application activity in the latest available Mortgage Bankers Association's weekly index report rose above 80% as it hit a high not seen since January 2009.

It's no secret that loan repurchase requests have been hammering the mortgage earnings statements of the nation's megalenders. From Bank of America to Wells Fargo and JPMorgan Chase, all have suffered to varying degrees.

A recent Bank of America securitization that appears to be the first of its type raises the question of the value of investing in "scratch and dent" reverse mortgages, a specialized part of this government product-dominated market that a select investor base is said to have an appetite for.

The national mortgage loan 60-day delinquency rate decreased again in the second quarter of 2010 by 6.67%, suggesting that credit conditions in the housing sector are stabilizing, according to the latest quarterly analysis from TransUnion.

Rates once again proved federal officials' go-to choice for economic policy action last week but when it comes to sizing up potential economic recovery as part of mortgage investment strategies one might do better these days watching jobs over the traditional duo of rates and real estate markets.