Originations

The $350 million in proposed senior unsecured notes due 2021 currently have a 50% to 70% chance of recovery in a default for those reasons.

Having a continuity management plan in place helps to manage the situation.Having a continuity management plan in place for surviving any situation.

Potential homebuyers are staying on the sidelines because of fluctuating mortgage rates, the government shutdown and the debt ceiling battle.

Investors in mortgage-related stocks are upset with no solution to the stalemate.

Government has a role in everybody’s lives, but some members of the mortgage industry feel that for them it is beyond obtrusive.

The Michigan State Housing Development Authority is investing millions in a statewide campaign that will demolish some of the state’s 78,000 vacant and abandoned properties.

Massella is moving over to Envoy from Caliber Funding, where he was senior vice president of wholesale lending.

More than five years after sales of U.S. mortgage-backed securities froze, banks, investment firms and others in the business are seeking to accelerate a revival of issuance by reducing mistrust among market participants.

Embrace Home Loans has started a correspondent lending channel, its first venture into third-party originations.

QuestSoft will sell products to banks, credit unions, mortgage bankers and brokers that use Calyx software.

BankUnited is making strategic commercial property investments in New York.

Analysts at Keefe, Bruyette & Woods are forecasting that originations at traditional mortgage banking firms declined in the third quarter while large publicly traded specialty servicers will show strong origination volumes.

Borrowers still intend to achieve the American dream of homeownership—even if they have to lie to qualify for a mortgage.

As the Consumer Financial Protection Bureau wraps up implementing its voluminous mortgage rules in January, credit unions should not expect any respite from the compliance burden.

Citigroup reported a $3.23 billion profit that missed analysts' estimates as bond trading slumped 26% and U.S. mortgage revenue declined.

The Federal Housing Administration has joined Fannie Mae and Freddie Mac in calling for mortgage lenders to temporarily postpone mortgage payments for furloughed government employees and contractors who have been affected by the shutdown.

Vendor says it is more than just a Roladex with marketing functions built in.

Starting next year lenders and other mortgage firms operating in California will have to include new do-not-track disclosures in their online privacy policies.

Wells Fargo & Co., the fourth-biggest U.S. bank, extended the maturity of some borrowing in short-term money markets through the end of the month to prepare for a possible U.S. default.

Morgan Stanley and Bank of America priced $1.27 billion of commercial mortgage-backed securities.