Originations

Industry concerns about the proposed QM definition are now being bolstered by empirical evidence that confirms what many in the industry have suspected all along.

In finalizing the qualified mortgage rule, the CFPB carved out a special exemption for loans originated for state housing finance agencies.

The Atlanta-based company plans to cut 800 positions nationwide in response to diminished mortgage refinancing activity and overall market conditions.

Long-term rate-indicators dipped lower at the outset Thursday as a federal budget impasse that had put upward pressure on rates ended.

BB&T reported flat mortgage banking income and flat originations for the third quarter.

The economic recovery faces a challenge in January when new mortgage rules threaten to derail credit to prospective borrowers with blemished credit, industry insiders warn.

The company has cut 5,700 positions so far since midyear.

Another bank is right-sizing its residential mortgage lending unit as volumes drop.

Residential and commercial real estate should benefit from improved conditions in the next couple of years.

Take the initiative to grow your business by keeping in touch with your sources and clients.

Lenders have been willing to “sacrifice a good bit of margin” to get good loans, particularly jumbos.

A tiered compensation plan designed for a refinance market may not work well when purchases are the norm.

Rising interest rates and the budget battle in Washington are discouraging builders.

The U.S. Senate deal contributed to higher closing prices for 15 of 17 Mortgage Industry Equity Composite stocks.

Football fans on the Mortgage Grapevine are debating who is the better quarterback, Peyton Manning or Tom Brady?

Mortgage insurer has second consecutive profitable quarter.

Despite a substantial reduction in mortgage banking revenue during the third quarter, U.S. Bancorp’s overall net income remained flat on a yearly basis.

Bank of America's mortgage application pipeline as of Sept. 30 is off 60% from the start of the second quarter.

Conventional purchase apps are down 4% from the prior week and on an unadjusted basis, total purchase application activity is down 1% from the same week last year.

Citigroup has nearly $20 billion in home equity lines of credit and it is preparing for the worst when borrowers must start paying back the home equity loans.