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While the Dow lost 104 points, 10 of 17 Mortgage Industry Equity Composite members closed higher on Thursday.

Origination News is looking back at the stories for 2013 which had the biggest effect on how loan officers did business. Plus, the outlook for 2014.

Senate Banking Committee leaders raised objections, claiming it would make “real” GSE reform more difficult.

The auction is the largest widely marketed sale of its type since May, when Lloyds Banking Group auctioned off almost $9 billion in U.S. mortgage-backed securities.

Investors believe the budget deal reduces the need for the federal stimulus program to continue.

Barclays and Bank of America Merrill Lynch are joint bookrunners on the residential mortgage-backed securities deal that is expected to close Thursday.

For many politicians, GSE reform is a shorthand term, which translates into their plan to shut down the government-sponsored enterprises in favor of an untested system of housing finance.

Home equity investment/sharing products have had mixed success historically but FirstREX appears to be making some inroads supporting home purchase downpayments in the Pacific Northwest.

A more mature bank-owned foreclosure-to-rental property market is attracting a different type of investor into this new reality and likely changing how business will be done in 2014, an insider says.

The North Carolina Democrat will be the first confirmed director of the FHFA in five years.