Origination

The 12 Federal Home Loan Banks reported a combined profit of $326 million the second quarter — unchanged from the previous period — despite a jump in losses from private-label mortgage-backed securities.

Research conducted by VantageScore Solutions counters the popular notion that a consumer's credit score would take a big hit if his or her mortgage were to be modified.The company's president and chief executive Barrett Burns continued that entering a trial modification program would have no impact on the credit score in most circumstances.

Here are 10 tips for building a revenue-generating mailing list for e-mail marketing.As property buyers encounter more tools and avenues to get mortgage quotes, it's important to reinforce the value of doing business with your firm. One of the best ways to build a relationship with prospects and explain your value is by using e-mail marketing.

Washington-While the government's HAMP program has had limited success, proprietary loan mods have become an important safety net.

Ari Karen, a partner at the Maple Lawn, Md.-based Offit Kurman who represents financial institutions in labor and employment matters, has written an opinion piece on loan officer compensation issues.

The Federal Housing Finance Agency is seeing significant improvement in the quality of new business at Fannie Mae and Freddie Mac as a result of tighter underwriting standards promulgated by the two.Moreover, FHFA chief Edward DeMarco said when it comes to loss mitigation efforts, the GSEs are making inroads, thanks to "more aggressive modifications" and other foreclosure prevention activities.

Federal Housing Administration lenders originated $26.4 billon of single-family loans in June, an 18% increase from May, according to new figures released by the agency.

The House of Representatives quickly passed a slimmed-down FHA reform bill Friday that appears to be an attempt to make it easier for the Senate to pass legislation before the August recess.

A coalition of real estate and consumer groups is pressing federal regulators to ban the use of "private transfer fees" that require home sellers to pay a percentage of the sales price to third parties.

Sometime it is easier to see your performance by looking at another industry."I'm looking for a smooth ride," I told the tire salesman.