Originations

Homes.com said 22 of the nation’s top 100 markets have now seen prices rebound over 100% in July, up from 19 in June.

Investors are worried about when the Federal Reserve will start to taper and the fight in Congress over the debt ceiling.

CitiMortgage is cutting approximately 1,000 positions, mostly in originations and mortgage default functions in its Las Vegas and Irving, Texas, offices.

Pending home sales in California continued to take a hit in August because of rising interest rates, although distressed home sales fell to lows not seen in nearly six years.

BSI Financial Services received an initial residential mortgage servicing outlook from Fitch Ratings as stable, which is a positive step for the company moving forward.

A pickup in issuance of commercial mortgage-backed securities has yet to affect pricing, according to analysts at JPMorgan.

Barclays’ latest regional housing update report singles out Meritage as the builder with the “most attractive” metropolitan statistical area exposure among homebuilders.

The properties had been originally funded through the USDA Rural Development Section 515 program.

Many cities across the country have seen home prices continue to climb basically every month over the last couple of years, and August was no exception to this trend.

A recent bank deal in St. Louis shows that M&A can be a real time-saver despite the grunt work.

The effort, which starts today, could help boost the flagging refinancing boom in the U.S.

This technology takes the full appraisal report and looks for red flags for the mortgage underwriter to follow up on.

The mortgage industry’s early attempts to inject self-service into the transaction were not very effective.

Freddie Mac is projecting a 15% bump in purchase money mortgages in 2014, fueled largely be what its chief economist calls "a high degree of affordability."

FirstREX said it has been offering the financing for up to half the downpayment on purchase loans in combination with RPM Mortgage.

On Friday 12 of the 17 Mortgage Industry Equity Composite members closed lower as investors worried about the budget and when the taper would begin.

Fannie Mae’s recently priced multifamily DUS REMIC included a feature that was new for its multifamily desk.

There were 20,933 sales of existing single-family homes in Florida during August, up 12.5% from the same month last year.

Every so often, the posters on the Mortgage Grapevine take the time from their busy schedules and reflect on the meaning of life.

PennyMac’s first jumbo mortgage-backed securities deal in its planned form does not have a master servicer, unlike previous deals in the space.