Origination

PIMCO co-founder and co-CIO Bill Gross has called for merging all government mortgage programs into Ginnie Mae and providing a 100% guarantee on government loans.

Single-family housing starts fell 4.2% in July to a 14-month low, following a slight downward revision of June figures.

For one's marketing efforts to be successful, it is more than just gathering up names so that an e-mail list can be created. Contacts are good, but to be able to make your sale, you need to have a real follow-up program.

For those looking to help consumers increase their credit scores through correcting legitimate errors in their files, one needs to be careful not to use the word "improvement."

A small fraction of banks eased their credit standards on prime mortgages over the past three months, according to a July survey of senior loan officers by the Federal Reserve Board.

In a surprise move, the Federal Reserve Board has issued a final rule that imposes restrictions on loan officer and mortgage broker compensation that is very similar to compensation language in the recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act.

The long-term rate-indicative 10-year Treasury yield Monday fell once again to another low for the year following the release of a weaker than expected reading on a homebuilders index.

Thanks to strong residential construction activity and improved home improvement spending, price increases among certain U.S. building materials companies may help strengthen this sector's recovery, according to Fitch Ratings in a new report.

There's more evidence that the paperless mortgage, an idea that has been heralded and debated for at least the last 15 years, has a ways to go yet before reaching a 50% market penetration.

Tustin, Calif.-based Veri-tax LLC, which provides tax verification and fraud management solutions, has been acquired by private investment firm Blue Horizon Capital for an undisclosed sum. The acquisition will provide additional capital and resources to support Veri-tax's growth initiatives.