Origination

Inlanta Mortgage, Waukesha, Wis., has purchased the assets and hired the employees of American Foundations MortgageBanc through a strategic agreement.

BB&T, which traditionally has kept a tight lock on its warehouse lending program, disclosed that it had $1.5 billion in commitments at June 30 with about half of that in the form of outstanding loans.

Applicants for mortgage originator licenses who fail their national and state exams don't do very well if they decide to take the tests over again.

The Obama Administration isn't waiting until the Senate confirms a director to head the new Consumer Finance Protection Bureau to begin implementing "the most significant financial reform legislation since the Great Depression."

I recently wrote an article called "How to Get Face Time with Realtors-Become Their Teacher." Since then I have received requests from loan originators, asking how to get the managing broker to send their real estate agents to your training classes.

A real estate marketing firm has created an on-line service where mortgage loan officers and Realtors have the ability to connect with their homebuyer clients and collaborate during the process.

The Federal Housing Administration has delayed for one month — at the industry's request — the implementation date for its new mortgage insurance premium structure.

Lewis Ranieri — the co-inventor of the mortgage-backed security — and bond market maven Bill Gross are among a group of 12 speakers testifying next Tuesday at a Treasury forum on the future of the housing finance system, a discussion that will touch on what to do with Fannie Mae and Freddie Mac.

Freddie Mac's closely watched rate survey for the week ending Aug. 12 met expectations for further drops in three key rates to lows not seen since the agency began tracking them.

PennyMac Mortgage Investment Trust this week filed a shelf registration statement with the Securities and Exchange Commission to sell up to $500 million worth of securities, be it common or preferred shares or warrants.