Origination

Senate Democratic leaders have rounded up three Republican votes and are close to securing passage of the Dodd-Frank Wall Street Reform bill.

Essent Guaranty, which wrote its first mortgage insurance policy in the second quarter, said it has lined up $100 million of fresh capital, bringing its total equity commitments to $600 million.

Banks and mortgage funders are looking for more data to help them make lending decisions, beyond the simple matter of whether prospective borrowers pay their bills on time.

U.S. home prices rose 0.9% in May after a 1.3% monthly increase in April, according to the CoreLogic housing price index.

A substantial percentage of consumers who are becoming new renters are actually still in the market to purchase a home, according to a survey conducted by Relocation.com.

WASHINGTON-In passing a Federal Housing Administration reform bill, the House of Representatives approved an amendment that bans lenders from making FHA loans to borrowers who defaulted on their previous mortgage even though they had the capacity to make the payments.

The Federal Housing Finance Agency said it has issued 64 subpoenas to "various entities" as part of an inquiry into private-label securities purchased by Fannie Mae and Freddie Mac with an eye toward the government recouping losses on nonprime assets.

The number of warehouse providers willing to extend credit to nonbanks has doubled in the past year, according to warehouse consultant Michele Perrin.

Standard & Poor's is introducing an index that measures liquid exposure to U.S. companies engaging in consumer lending and finance activities, including (but not limited to) mortgage real estate investment trusts, thrifts and mortgage finance companies.

Delinquencies on loans in commercial mortgage-backed securities rose by the smallest amount in 11 months in June but could accelerate again, according to a new report from Fitch.