Originations

New Penn joins Affiliated Mortgage and Norcom, among others, entering this business channel.

Day 2 of the shutdown saw the Dow Jones Industrial Average posting a loss of 59 points and 12 out of 17 Mortgage Industry Equity Composite stocks close lower.

The government shutdown is having a practical effect on the ability of mortgage originators to properly do their jobs.

A recent Redfin survey is showing signs that the home buying market is shifting away from being driven by sellers and back to one controlled by buyers.

The Consumer Financial Protection Bureau “wisely” provided qualified mortgage status to loans that are sellable to Fannie Mae and Freddie Mac.

The National Association of Hispanic Real Estate Professionals has signed a two-year agreement with Radian Guaranty for the private mortgage insurer to provide training on MI solutions to the trade group’s members.

In an effort to provide a broader range of services, CredAbility and ClearPoint Credit Counseling have agreed to merge by Dec. 31.

Lower rates, tougher competition and new regulations are what these lenders are concerned about in the next three months.

A rule of the Department of Housing and Urban Development governing repayments of reverse mortgages by surviving spouses conflicts with federal law.

RBS Citizens Financial Group has pledged to invest up to $1 billion in funding for affordable housing and community development projects.

Refinance application volume was up 3% for the week ended Sept. 27 as rates continued to decline, hitting levels seen back in June.

A third financial institution has come to an agreement with Freddie Mac to resolve claims that it issued problematic loans to the government-sponsored enterprise between 2000 and 2008.

Walker & Dunlop said its 3Q13 commercial mortgage origination volume will end up in the range of between $1.7 billion and $1.9 billion, which is below its previous guidance of between $2 billion and $2.5 billion.

he delinquency rate for commercial real estate conduit loans was 8.14% in September, the fourth consecutive month of decline.

Fannie Mae and Freddie Mac don’t require lenders to produce a 4506-T form that has been processed by the Internal Revenue Service before closing a loan.

Giving clients the best experience possible goes a long way toward securing future business.

We're hearing that a possible drop in per-loan profitability is among key concerns as the qualified mortgage rule goes into effect.

MCS Mortgage Bankers announced strategic growth plans with the opening of a new Midwest regional office that went into effect on Oct. 1.

On Day 1 of the shutdown, 14 of the 17 Mortgage Industry Equity Composite members closed higher.